ST Alpha - ""One payments analyst....estimated that as many as 6 percent of Apple Pay purchases are completed with stolen credit cards, or 60 times the rate of -- (link)" (Reading a Post)

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"One payments analyst....estimated that as many as 6 percent of Apple Pay purchases are completed with stolen credit cards, or 60 times the rate of -- (link)

Posted by prayformojo (aka mayhem) Mar 24 '15, 06:50

(No message)

the old-fashioned plastic swipe. (www.washingtonpost.com)

Responses:

Why do I get the feeling that this person will be discredited in record time? -- nm - David Mar 24, 07:03 2
- If they are using old data this might be correct. There was a flaw in the process at many banks that allowed you to add a card to Apple Pay - spamlet Mar 24, 07:06 1
  - And I should note this was an issue with bank procedures, not necessarily Apple. -- nm - spamlet Mar 24, 07:06

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