we have discussed the benefits and now our turn to point out 6 Apple Pay Fails. You don’t need to bring your payment cards or cash with you when you use Apple Pay. Everything is conveniently packaged in one app, ready for you to touch and make payments while on the move. Millions of individuals throughout the world already use it; should you?
We believe that whether you are a customer or a merchant, you should carefully consider this subject. Though Apple Pay has unquestionable advantages, it also has several disadvantages. Here’s why you shouldn’t use Apple Pay.
List of Apple Pay Fails
1. Vulnerability to Cyberattacks
Apple Pay, in general, is a safe, secure system that is immune to cyberattacks, making it a good mobile payment alternative. Jailbreaking your iPhone, on the other hand, bypasses the software limits that also act as security.
If you have a jailbroken iPhone, you should think carefully about using Apple Pay. Hackers may be able to circumvent your transaction limits and replicate prior contactless purchases.
2. Public Wi-Fi Connections Compromise Security
Apple Pay employs NFC chips to perform contactless payment transactions, so no internet connection is required. This is excellent since you may use it freely.
However, by default, iPhones seek accessible Wi-Fi connections. Hackers and criminals frequently target public networks in order to circumvent unsecured financial activities, such as unlawful contactless payments.
You may unintentionally utilize your smartphone for Apple Pay when it is already connected to a public network. After all, contactless purchases are quite speedy. Before paying, few individuals care to verify their phone’s signal and connection condition.
Fortunately, you can quickly resolve this issue by turning the auto-join feature off. Go to Settings > Wi-Fi, then slide the auto-join toggle.
3. Potential to Bypass Contactless Limits Without Authorization
According to University of Birmingham research, Apple Pay is vulnerable to payment fraud on Visa cards when the iPhone’s Express Transit mode is engaged.
In essence, hackers may be able to circumvent the contactless limitations on tiny purchases. For example, suppose you used Apple Pay to buy a rail ticket. Because it needs little verification, hackers can override the transaction and reproduce it without your awareness.
Fortunately, these problems are localized. You will not be a victim of this fraud if you routinely examine your transactions and payments.
4. Apple Collects Significant Personal Data
Apple Pay asks you to provide some personal details. Aside from common information like as your name and address, the corporation will also access your transaction history, which might be extensive if you use it regularly.
Despite the fact that Apple does not sell user data, it does use your personal information for marketing purposes (i.e., targeted ads, suggested posts). If you are concerned about Apple’s privacy policies, you should think twice about using Apple Pay.
5. Confusion and Irritability Among New Users
According to Finder, 150 million Americans use mobile wallets to pay for their bills, with Apple Pay being used by fewer than half of this group.
As a result, you shouldn’t anticipate all of your consumers to utilize a digital wallet such as Apple Pay. You must be ready to accept various payment methods.
You may also encounter complications if you encounter consumers who are utilizing Apple Pay for the first time. If consumers require assistance with their purchases, you’ll likely spend extra time checking them out, which defeats the objective of Apple Pay: quick, frictionless transactions.
6. Failed Transactions Due to Card Clash
Fast-moving contactless payment systems are vulnerable to “card conflict.” This problem occurs when two or more payment solutions interfere with each other’s transactions, which happens often with freshly introduced contactless technology.
While this is not a unique Apple Pay Fails, it is especially vulnerable if a client stores their contactless card with their phone. Payments may be duplicated, collected from the wrong source, or not processed as a result, resulting in inconvenient administrative overhead for your company.
Apple Pay Fails is just like any other digital payment solution it is not 100% secure.