- From: Manu Sporny <msporny@digitalbazaar.com>
- Date: Tue, 03 Mar 2015 19:40:31 -0500
- To: Web Payments IG <public-webpayments-ig@w3.org>
Fraud Comes to Apple Pay http://blogs.wsj.com/digits/2015/03/03/fraud-comes-to-apple-pay/ """ Abraham said it’s not “an anomaly” to see fraud accounting for about 6% of Apple Pay transactions, compared to about 0.1% of transactions using a plastic card to swipe. He noted that fraud rates vary by issuing bank. ... the weakness identified by Abraham occurs at an earlier stage, when a user is adding a credit card to Apple Pay. ... Card issuers have been eager to join Apple Pay, and it’s possible that some didn’t provide enough training to customer-service representatives who handle authentication questions """ -- manu -- Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny) Founder/CEO - Digital Bazaar, Inc. blog: The Marathonic Dawn of Web Payments http://manu.sporny.org/2014/dawn-of-web-payments/
Received on Wednesday, 4 March 2015 00:40:56 UTC