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by TulliusCicero3 hours ago |
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upvoteby microtonal2 hours ago|
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The first time I read "US store X supports Apple Pay or Google Pay now" I was really confused. I didn't know that was a thing. Here (NL) contactless payments works with every debit card, physical or stored Apple Google/Pay, in every store. There is no difference between payment providers, everyone offers contactless payments and it works with every bank.

(The only exception are credit cards, but they are not used a lot, mostly for online purchases outside The Netherlands or when renting a car abroad.)

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upvoteby boc2 hours ago|
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> Here (NL) contactless payments works with every debit card, physical or stored Apple Google/Pay, in every store

That's how it works in the US as well. You might be conflating Apple Pay with Apple Wallet, which stores your credit cards for tap-to-pay. Most people in the US use Apple Wallet/Google Wallet to digitally store their credit/debit cards, and use those cards to pay at the store by tapping the POS terminal.

For example, I use Apple Wallet for nearly every transaction, but I never use Apple Pay/Apple Card as the payment method.

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upvoteby t-sauer1 hours ago|
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Can you point me to any documentation on how to use a credit card in Apple Wallet without using Apple Pay? To my knowledge that is not possible. You might be using Apple Pay without realizing.
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upvoteby weberer37 minutes ago|
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https://www.wikihow.com/Add-Cards-to-Apple-Wallet
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upvoteby t-sauer30 minutes ago|
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> Once added, your card can be used to pay for things anywhere Apple Pay is accepted

The method described in that guide is basically how you setup Apple Pay.

Apple Wallet is simply where the card is located on your phone. Once you use it to pay, you will use Apple Pay.

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upvoteby alde1 hours ago|
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Last time I visited NL many shops (including Albert Heijn) only supported Maestro, so as a foreigner you effectively can't pay with Visa or Mastercard.
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upvoteby microtonal1 hours ago|
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Not with Visa/Mastercard credit cards, but Visa/Mastercard debit cards work everywhere. In fact, my current main card is a Visa debit card (not Maestro or V-Pay, it has the same code format as a credit card and a CVC code, which my older Maestro/V-Pay cards didn't have).

This is one of the reasons why Garmin Pay is pretty useless here. Most banks only support it with credit cards and a lot of stores do not take credit card-based contactless payments (with some exceptions like e.g. Jumbo and Decathlon).

The reason is that debit cards have been the standard cards since the beginning. Nowadays more people have a credit card for online shopping outside the country, etc. But when I was young my dad had a credit card and that was fairly exceptional.

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upvoteby thibaut_barrere3 hours ago|
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It is one of these instances where « let the market decide » is not necessarily the best option on the long run.
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upvoteby fsuts3 hours ago|
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The market wants to take a cut per transaction, perpetually. At a high profit margin.

This is one where not the market but a country/group of countries need to rollout their own public payments so fees are minimal to zero.

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upvoteby ezst2 hours ago|
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You mean, communism?

(/s but you never know especially these days)

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upvoteby retired3 hours ago|
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Ideal was a result of free market banking though.

> The system was conceived by the Dutch banks ABN Amro, ING Bank, Postbank N.V. and Rabobank, to develop a single system for online payments that could be used by all banks.

Currently owned by EPI:

> The European Payments Initiative (EPI) is a unified digital payment service launched in 2020 and backed by sixteen founding European banks and payment service providers.

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upvoteby microtonal2 hours ago|
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Before iDEAL we had a similar mess with different banks and even a telco pushing their own payment system. It was basically the Dutch webshop foundation (thuiswinkel.org, basically the webshop lobby) that said: f*ck it banks, clean up your mess! And so it happened.

They even tried to extend it to other European countries in 2011: https://www.bnnvara.nl/kassa/artikelen/ideal-in-de-ban-van-m...

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upvoteby Muromec2 hours ago|
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Ideal is great. The missing part of the free market is that the other part of it (consumers) expecting you to not be an asshole.
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upvoteby TulliusCicero3 hours ago|
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I mean you could have a single protocol and then various different providers still competing, like email, or how even for Visa or Mastercard there's a bunch of different banks that partner up.
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upvoteby toomuchtodo1 hours ago|
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We do, it’s called FedNow, it’s been live for some time. Instant payments for a few cents per transaction, up to $10M per transfer. Why don’t financial institutions switch to it? To keep getting the fees they’re accustom to.

Other countries are working to avoid the US financial infra rake and grift, but you’re captured by it if you’re stuck in the US unfortunately, because the US political will does not exist to compress profits for the financial services industry.

https://news.ycombinator.com/item?id=48415854

https://news.ycombinator.com/item?id=48416032

FedNow Is Live - https://news.ycombinator.com/item?id=36801491 - July 2023 (1022 comments)

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upvoteby dewey1 hours ago|
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Almost like regulation is sometimes helpful if the market doesn't solve it.
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upvoteby 1 hours ago|
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deleted
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