Apple Pay is the latest in the growing market of driving consumers to go wallet-less and use their smartphone to pay for transactions when out in the brick-and-mortar world. There are distinct security advantages to using it, but it does have a number of drawbacks including an inability to pay with store cards and no provision for loyalty cards or gift cards nor for your business accounts. So don't try to set this up to pay for those working lunches unless you can get reimbursed. Also, is it really a problem for you to use your plastic and will the small amount of NSF-enabled retailers force you to do so anyway?
If you plan to go ahead and activate Apple Pay on your phone, follow some of the tips in this Forbes article:
Apple pay do's and dont's: a practical guide
No comments:
Post a Comment