Originally Posted by AAdmiral (Post 24646851)

Apple Pay always uses tokenization so it is a much more secure system. It also uses a different last 4 digits of your credit card which is specific to Apple thus another layer of protection. I can use Apple Pay through Open Table app to view and pay my bill without having to give the server a credit card. Also Apple Pay works with online purchasing as well on certain websites. I also don't have to carry every credit card I own since Apple Pay allows multiple cards to be stored. I assume that people who don't really see a need for Apple might not have an Apple iPhone 6 or 6+ or be on the Apple ecosystem. The card with NFC is not as dynamic as using Apple Pay for various different ways to pay. I just find it odd that HSBC hasn't added it yet every Credit Union and small banks have done so.

Originally Posted by AllieKat (Post 24647094)

You are correct I don't have an iPhone 6, and don't want to be forced to upgrade my phone to pay... I worry offering Apple Pay discourages issuers from contactless cards.

Originally Posted by AllieKat (Post 24647094)

I worry offering Apple Pay discourages issuers from contactless cards.

Originally Posted by AAdmiral (Post 24647317)

I think HSBC is the only major bank in the USA that issues a credit card that has NFC on the card.

Originally Posted by jrlevine (Post 24650596)

Considering the security and fraud problems other banks are having with Apple Pay, it looks like HSBC dodged a bullet here, for a change. Once Apple sorts out the signup process, I expect you'll see more banks doing it.

In the meantime, there's nothing new about the "tokenization" that Apple Pay does. EMV, both contact and contactless, have always done it.

Re portable terminals, every restaurant in Canada now has them, so it can't be that much of an issue but I agree that so long as US banks are mostly chip+sig there's little reason for them to do anything other than replace the wired terminal they already have.

Originally Posted by jrlevine (Post 24650596)

Considering the security and fraud problems other banks are having with Apple Pay, it looks like HSBC dodged a bullet here, for a change. Once Apple sorts out the signup process, I expect you'll see more banks doing it.

In the meantime, there's nothing new about the "tokenization" that Apple Pay does. EMV, both contact and contactless, have always done it.

Originally Posted by AllieKat (Post 24647666)

HSBC, American Express, Wells Fargo, and US Bank (do they still?)

Originally Posted by AAdmiral (Post 24650854)

Of the cards you mention, I have credit cards issued in the USA from American Express and HSBC so I can't comment about the others. I have the NFC on my HSBC Premier World Mastercard. I have various types of American Express Cards including; Personal Centurion, Business Centurion, Business Platinum, Personal Blue, & Business Blue. All of these cards have the EMV chip + signature but none have NFC. I am curious which USA issued Amex cards do you have that are NFC? Do your NFC Amex cards also have the EMV chip?

Originally Posted by AllieKat (Post 24650630)

1. The signup problems are the banks, not Apple.

2. Given the EMV Tokenisation Framework was only released last year... yes it is new. People are just conflating what it is. Tokenisation is the creation of a new (static) account number to replace the PAN for Apple Pay. It is NOT the cryptograms all chip transactions use.

Originally Posted by jrlevine (Post 24653685)

It can't be that new. My Amex card uses a different account number for contactless payments than the one on the front of the card.

Originally Posted by simonjp (Post 24661575)

This is for HSBC "Premier" USA - Has anyone transferred reward points to BA Avios recently? How long does it usually take?

There is a quoted time for Asia Miles and Kris Flyer, but not for BA. I've seen people here have it dones in 48hrs a while ago...