Seven and I Holdings announced that 7–11’s mobile payment service, 7pay, will cease operation at the end of September.
7pay started operation on July 1st. 1.5 million people signed up, but third parties were able to log into accounts and add funds to their own. Adding funds and new signups were stopped on July 4th.
As of July 29th, 38.6 million yen (~$300,000 USD) has been stolen from 807 people.
I'm guessing no relation to the convenience store brand? Was thinking 7-11 had a payment thing. I know some brands want to develop their own payment systems instead of supporting Apple or Android Pay. Walmart has Walmart Pay and then CVS along with other retailers was working with some some payment thing called CurrentC while disabling their NFC terminals. At our local CVS store they now support Apple Pay, so maybe they gave up on that since 2016 - https://9to5mac.com/2016/08/11/cvs-introduces-cvs-pay/
Also interesting my iPhone cable was fraying after slightly over 2 years, so bought a new cable while one of my family members were filling a prescription. I find it so interesting that a drug store seems to sell better cables than Apple. This one is what I believe braided, so far it seems more tougher and stronger.
Edit: Found a article about CurrentC. Looks like it never really took off, but was a way to try to save on processing fees. I don't get why companies get so upset about processing fees since it's a tax write off, I guess since it cuts into margins.
I wonder with Apple offering their own credit card that gives higher cashback if that might make people want to shop at more merchants that accept it. I think it's kinda cool to pay for stuff using your watch, but maybe I'm a show off being in a small town. The first time using it in real life and the cashier mentioned how she doesn't trust it, which I'm a tech nerd so I understand tech more but I can see how people are afraid. Wouldn't surprise me if it was her first time someone ever used Apple Pay either. I have a relative who said he'd never do online banking because he doesn't want his information on the internet, yet his banking information is accessed by the computers in the branch in their database already. Wouldn't surprise me if the only difference is some fields in the database account table or a separate table for online enabled accounts. OnlineBankingEnabled, username, email, password (hopefully hashed!)
> I'm guessing no relation to the convenience store brand?
7pay relates to 7-11 (Japan), which owns the US brand thru its holding company.
> Also interesting my iPhone cable was fraying after slightly over 2 years, so bought a new cable while one of my family members were filling a prescription. I find it so interesting that a drug store seems to sell better cables than Apple. This one is what I believe braided, so far it seems more tougher and stronger.
Apple seem to be allergic to strain relief and thicker cables, I too have a 7-11 cable that has lasted since the original iPhone 5.
> I wonder with Apple offering their own credit card that gives higher cashback if that might make people want to shop at more merchants that accept it. I think it's kinda cool to pay for stuff using your watch, but maybe I'm a show off being in a small town. The first time using it in real life and the cashier mentioned how she doesn't trust it, which I'm a tech nerd so I understand tech more but I can see how people are afraid. Wouldn't surprise me if it was her first time someone ever used Apple Pay either. I have a relative who said he'd never do online banking because he doesn't want his information on the internet, yet his banking information is accessed by the computers in the branch in their database already. Wouldn't surprise me if the only difference is some fields in the database account table or a separate table for online enabled accounts. OnlineBankingEnabled, username, email, password (hopefully hashed!)
Japan is a pretty conservative place too, I don't mind things changing slowly personally.
Oh you're from Japan? Cool! One of the places I've always wanted to visit, but sounds like a long flight. I know if I make it big in tech my dream is to travel full time but I think I'd prefer cruising. I know they have some repositioning ones there, so I guess you only have a flight back or find another cruise or fly to a nearby country after visiting for a few weeks. High speed trains sound fun too.
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[ 0.22 ms ] story [ 21.1 ms ] threadSeven and I Holdings announced that 7–11’s mobile payment service, 7pay, will cease operation at the end of September.
7pay started operation on July 1st. 1.5 million people signed up, but third parties were able to log into accounts and add funds to their own. Adding funds and new signups were stopped on July 4th.
As of July 29th, 38.6 million yen (~$300,000 USD) has been stolen from 807 people.
Also interesting my iPhone cable was fraying after slightly over 2 years, so bought a new cable while one of my family members were filling a prescription. I find it so interesting that a drug store seems to sell better cables than Apple. This one is what I believe braided, so far it seems more tougher and stronger.
Edit: Found a article about CurrentC. Looks like it never really took off, but was a way to try to save on processing fees. I don't get why companies get so upset about processing fees since it's a tax write off, I guess since it cuts into margins.
https://www.applicoinc.com/blog/happened-currentc-platform-i...
I wonder with Apple offering their own credit card that gives higher cashback if that might make people want to shop at more merchants that accept it. I think it's kinda cool to pay for stuff using your watch, but maybe I'm a show off being in a small town. The first time using it in real life and the cashier mentioned how she doesn't trust it, which I'm a tech nerd so I understand tech more but I can see how people are afraid. Wouldn't surprise me if it was her first time someone ever used Apple Pay either. I have a relative who said he'd never do online banking because he doesn't want his information on the internet, yet his banking information is accessed by the computers in the branch in their database already. Wouldn't surprise me if the only difference is some fields in the database account table or a separate table for online enabled accounts. OnlineBankingEnabled, username, email, password (hopefully hashed!)
7pay relates to 7-11 (Japan), which owns the US brand thru its holding company.
> Also interesting my iPhone cable was fraying after slightly over 2 years, so bought a new cable while one of my family members were filling a prescription. I find it so interesting that a drug store seems to sell better cables than Apple. This one is what I believe braided, so far it seems more tougher and stronger.
Apple seem to be allergic to strain relief and thicker cables, I too have a 7-11 cable that has lasted since the original iPhone 5.
> I wonder with Apple offering their own credit card that gives higher cashback if that might make people want to shop at more merchants that accept it. I think it's kinda cool to pay for stuff using your watch, but maybe I'm a show off being in a small town. The first time using it in real life and the cashier mentioned how she doesn't trust it, which I'm a tech nerd so I understand tech more but I can see how people are afraid. Wouldn't surprise me if it was her first time someone ever used Apple Pay either. I have a relative who said he'd never do online banking because he doesn't want his information on the internet, yet his banking information is accessed by the computers in the branch in their database already. Wouldn't surprise me if the only difference is some fields in the database account table or a separate table for online enabled accounts. OnlineBankingEnabled, username, email, password (hopefully hashed!)
Japan is a pretty conservative place too, I don't mind things changing slowly personally.
Oh you're from Japan? Cool! One of the places I've always wanted to visit, but sounds like a long flight. I know if I make it big in tech my dream is to travel full time but I think I'd prefer cruising. I know they have some repositioning ones there, so I guess you only have a flight back or find another cruise or fly to a nearby country after visiting for a few weeks. High speed trains sound fun too.