Frightened PayPal slams Apple Pay in full-page newspaper ads

“Now that Apple has revealed Apple Pay, PayPal wants to have it both ways,” Owen Thomas reports for ReadWrite. “On the one hand, PayPal is eager to let you know that its Braintree subsidiary can process Apple Pay payments, no problem—even though Apple left PayPal and Braintree off its list of recommended payments processors.”

“On the other, PayPal is eager to remind you that it has processed billions of transactions and that Apple doesn’t have the best track record on security,” Thomas reports, “thanks to vulnerabilities in its iCloud backups that left celebrities vulnerable to photo thefts.”

MacDailyNews Take: PayPal knows that phished passwords – poor, too-easily-guessed passwords – from celebrity accounts have absolutely nothing to do with Apple Pay, but, obviously, PayPal thinks their customers are stupid enough to believe their lies. Is that a company you want handling your money?

“So on Monday PayPal took out full-page advertisements in the New York Times, USA Today, and San Francisco Chronicle declaring that online shoppers ‘want our money safer than our selfies,'” Thomas reports. “The ads follow a much softer jab at Apple last week in PayPal’s blog, where it suggested consumers and merchants should ask themselves, “‘Do they trust the brand that’s managing their payments?'”

Read more and see PayPal’s lyin’ ad in the full article here.

MacDailyNews Take: Once again, PayPal knows that phished passwords – poor, too-easily-guessed passwords – from celebrity accounts have absolutely nothing to do with Apple Pay, but, obviously, PayPal thinks their customers are stupid enough to believe their lies. Is that a company you want handling your money?

Obviously, you’re scared, PayPal. Don’t let your fear cause you to stoop to outright lies.

Apple Watch. Apple Pay. iPhones 6 and Plus. So much fear this week!

It’s a good thing we love the smell of fear in the morning, afternoon, and night.

Related articles:
Wells Fargo brings revolutionary Apple Pay to customers and merchants – September 15, 2014
Apple gets 15 cents of every $100 Apple Pay purchase – September 12, 2014
Capital One partners with Apple on Apple Pay – September 12, 2014
Apple Bank is only a matter of time – September 12, 2014
The hidden brilliance behind the timing of Apple’s adoption of NFC – September 12, 2014
MasterCard SVP: Apple Pay trumps traditional credit and debit cards in security – September 11, 2014
Authorize.Net announces support for Apple Pay – September 11, 2014
Apple Pay’s myriad advantages over the $300 million Google Wallet flop – September 11, 2014
Apple Pay may boost sales of larger iPhones, hurt Android phone sales – September 11, 2014
Why Apple Pay will hurt PayPal – September 10, 2014
Apple Pay will demolish the barrier between online and offline shopping – September 10, 2014
Disney CFO: Apple Pay is a huge advantage – September 10, 2014
Pacific Crest: Visa, MasterCard, American Express boosted by Apple Pay – September 10, 2014
Apple to rake in fees from banks with Apple Pay mobile payments platform – September 10, 2014
Visa teams with Apple on Apple Pay mobile payments platform – September 10, 2014
MasterCard partners with Apple to integrate revolutionary Apple Pay – September 10, 2014
TSYS supports Apple Pay – September 10, 2014
Apple announces Apple Pay mobile payments – September 9, 2014

47 Comments

    1. Was just about to mention this very thing. Oh, and you’re not very good PayPal. I use you due to the lack of any good competition. Thankfully, that’s about to change…

          1. I don’t like that they will not allow a credit card as the default payment type. They always default to a bank account and you must manually change to a credit card for every transaction. I maintain a PayPal account because of the monopoly they have at eBay. I hope that monopoly goes away soon.

      1. Multiple stories. Do research.

        Go ahead and buy a simple PART that is used in a firearm and have the charge labeled as a firearm part… your account will be frozen and funds seized.
        They’ve shut down charity drives that have set up a PayPal account.. simply cause it was a Christian charity drive.

        PayPal has been at the center of many lawsuits, they even changed their ToS a few years back to make it impossible to sue them to get your money back… (Class Action)
        You could opt out, but that meant closing your account with them.

    1. There was a story early this year about Paypal specifically going after the accounts of individuals involved in the adult film industry. They singled out a whole bunch of people doing something perfectly legal, but apparently amoral in the eyes of Paypal. They blocked their accounts from transactions that were perfectly legit.

  1. PayPal can die a long slow death as far as I’m concerned. This ad is ridiculous (people economy? Wtf?). PayPal should be glad they have eBay locked up and stfu.

    No, I’m never using PayPal at Home Depot. So stop asking and stop expecting.

    Btw, you’re about to be shown how it’s done. Take out your pencils. School’s starting.

    1. Thanks MDN for your straight fearless comments … I just cancelled my PayPal account and will never use them again. How could I let a company which lacks integrity handle my money?

  2. Just logged into my PayPal account and left them a feedback calling them out on it and chastising them for looking like puerile whiners. Told them to think about who has the more loyal users…

  3. Stupid, stupid, stupid.

    It would suit PayPal better to seek an alliance with Apple than fighting them.

    An ApplePay / PayPal alliance would be a win/win situation.

    This position doesn’t help PayPal, Apple nor (most important) us, consumers.

  4. Paypal has a point. If Cook refuses to fix his IMAP email debacle, which has hosed his enterprise clients since Mavericks was introduced, how can we expect to handle the bigger issues?

    1. I spoke to Tim Cook about your little problem and he told me to tell you he’s personally working on it and should have it fixed in a few days. He said it would help if you held your breath until he sends you an email by way of IMAP. He’s such a friendly CEO.
      😉

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