[gress]

That is describing using Apple Pay as a way to tender already stolen credit cards and has nothing to do with the security of Apple Pay itself.

[lawnchair_larry]

The end result is the same. It's just like using a stolen card.

[coldtea]

We're not talking about the end result, we're talking about the security of a specific method of payment.

If we were discussing how insecure IE 6 is and how it can get you hacked, then the fact that using Chrome to directly give your info to a shady site can have the same result (get you hacked), doesn't say anything for the relative security of Chrome vs IE 6.

[geomark]

That's right. ApplePay does nothing to mitigate the credit card fraud problem. And until banks get better at verifying a stolen card isn't being loaded into ApplePay the problem is actually much worse.

[gress]

ApplePay does a huge amount to mitigate the credit card fraud problem for it's users. The fact that it can be used to process cards stolen others is irrelevant.