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Comment by Boxbot | Hacker News Reader

Another issue is the lack of participating banks. All of my credit cards work with Apple Pay (and I use it multiple times a week) but all of my parents' cards and a bunch of my friends' cards are simply not supported.

I like Apple Pay, but with EMV rolling out in the US and the CurrentC consortium trying to kill credit card use in the retail space entirely I don't know whether it's ever going to be able to reach wide-spread adoption.

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CurrentC will never take off. It requires a debit card and a bunch of personal information and puts all of the burden of dealing with fraud on the customer. Users aren't going to be signing up for it in any sort of numbers like they will (and have) with ApplePay, I'd bet. If I go into a store and they either don't take credit or charge extra for credit, I literally stop going there.

I agree that CurrentC will (hopefully) never take off but it has already had a chilling effect on Apple Pay adoption. There are many stores that used to allow NFC tap-to-pay but actually disabled that functionally entirely to prevent people from using Apple Pay specifically.

e.g. pre Apple Pay I used to be able to use tap-to-pay with an actual credit card at CVS but they've disabled that functionality on all their payment terminals to block Apple Pay. Now I can just go to Walgreens but that doesn't change the fact companies are actively taking steps to retard the growth of Apple Pay.

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