Comments on: Starbucks and Square want your phone to be your wallet http://blogs.reuters.com/mediafile/2012/08/10/starbucks-and-square-want-your-phone-to-be-your-wallet/ Where media and technology meet Sun, 19 May 2013 12:03:17 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: johncabell http://blogs.reuters.com/mediafile/2012/08/10/starbucks-and-square-want-your-phone-to-be-your-wallet/comment-page-1/#comment-419068 johncabell Mon, 13 Aug 2012 14:44:25 +0000 http://blogs.reuters.com/mediafile/?p=35704#comment-419068 @CommonSensLogic If you can get by without credit cards, you are absolutely correct -- my uncle does, in fact. But the truth is that, if you use credit cards, the physical card itself, and careless handling of your information by retailers, account for nearly all of the vulnerability and fraud. With card replacement systems you never divulge you information at point of sale, and the payment is made on a very back end. If we can get rid of cards then fraud really shrivels up. @CommonSensLogic If you can get by without credit cards, you are absolutely correct — my uncle does, in fact. But the truth is that, if you use credit cards, the physical card itself, and careless handling of your information by retailers, account for nearly all of the vulnerability and fraud. With card replacement systems you never divulge you information at point of sale, and the payment is made on a very back end.

If we can get rid of cards then fraud really shrivels up.

]]> By: johncabell http://blogs.reuters.com/mediafile/2012/08/10/starbucks-and-square-want-your-phone-to-be-your-wallet/comment-page-1/#comment-419067 johncabell Mon, 13 Aug 2012 14:40:07 +0000 http://blogs.reuters.com/mediafile/?p=35704#comment-419067 @tmc Well, all these things are opt-in, especially with an iPhone, which requires each app to specifically asking it can use your location each time you use it. And while notifications are permissioned when you install an app they can be turned off anytime you want. And, of course, you don't even have to carry a smartphone to have a full and happy life ... But your ,larger point is well taken. We (consumers) need to be vigilant about who is in control. Our phones, our lives ... I got mine to give me options, not to empower marketers to always have access to me. @tmc Well, all these things are opt-in, especially with an iPhone, which requires each app to specifically asking it can use your location each time you use it. And while notifications are permissioned when you install an app they can be turned off anytime you want. And, of course, you don’t even have to carry a smartphone to have a full and happy life …

But your ,larger point is well taken. We (consumers) need to be vigilant about who is in control. Our phones, our lives … I got mine to give me options, not to empower marketers to always have access to me.

]]> By: CommonSensLogic http://blogs.reuters.com/mediafile/2012/08/10/starbucks-and-square-want-your-phone-to-be-your-wallet/comment-page-1/#comment-419048 CommonSensLogic Sun, 12 Aug 2012 18:22:35 +0000 http://blogs.reuters.com/mediafile/?p=35704#comment-419048 Not for me. Call me old fashioned if you want. Enough credit fraud around. Cutting a minute, at most, off the wait, is not worth it. Cash is still the fastest --- it's true; using the Starbucks card adds at least a minute on the average, to verify the card balance, and check that the deduction is accurate. That includes the extra time to load the card, etc. Not for me. Call me old fashioned if you want.
Enough credit fraud around. Cutting a minute, at most, off the wait, is not worth it. Cash is still the fastest — it’s true; using the Starbucks card adds at least a minute on the average, to verify the card balance, and check that the deduction is accurate. That includes the extra time to load the card, etc.

]]> By: tmc http://blogs.reuters.com/mediafile/2012/08/10/starbucks-and-square-want-your-phone-to-be-your-wallet/comment-page-1/#comment-418970 tmc Sat, 11 Aug 2012 10:15:36 +0000 http://blogs.reuters.com/mediafile/?p=35704#comment-418970 I pray that GPS does not make, based on your descriptions. I would not carry a marketing device in my pocket to annoy me with advertisments every ten feet I walk down a sidewalk. I pray that GPS does not make, based on your descriptions. I would not carry a marketing device in my pocket to annoy me with advertisments every ten feet I walk down a sidewalk.

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