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. I just consider such articles more background noise that may lower Apple’s share price due to overzealous copycat articles but won’t touch Apple product sales at all. I doubt most of the people whose credit cards were compromised at Home Depot stopped going there and headed off for Lowes. There was probably some soul-searching for a while but once they needed some more home products, likely went back to their local Home Depot. Most consumers don’t give up familiarity and convenience that easily.

  2. I learned the hard way years ago: if you pay by Paypal, you aren’t protected at all (no refund possible). If you use your Paypal debit card, you are protected. That’s because the debit card has all the protections of MasterCard. In other words, Paypal will only protect your transaction if forced to do so.

    1. That is simply not true.

      I have used PayPal for years and had no trouble at all with resolution of disputed transactions. Using PayPal as a buffer between your accounts and online shops is an extra layer of protection.

      I am currently testing American Express Serve as a replacement for PayPal, but have never had anything but excellent customer service from them.

      1. ‘Paypal as a buffer’ is tantamount to theft in my book.

        As a retailer, Paypals terms are outrageous. Customer insists they don’t want or care about insurance – they sign a waiver – something goes wrong and Paypal just takes the retailers money. No conversation, no appeal, nothing. Just a person claiming something is amiss (not always the case) the retailer looses their item, shipping money and the sale.

        The common ‘solution’ is to always insure the item and force all customers to pay the fees (high in Australia) which is unacceptable.

        Visa / MasterCard / Amex never an issue – nearly 100% track record.

        On the other foot, as a buyer, Paypal has a number of times left me high and dry with completely fraudulent sellers. They always charge 3x the industry standard for cc cards, and the foreign exchange rate is a rort.

        PayPal are pathetic and only showing their true colours in this advert run IMO

  3. Last couple years, the press, social media, critics slammed “Apple doesn’t innovate anymore”. But now Apple is a threat to other companies due to its innovations. Damn you if you do, damn you if you don’t.

    1. Apple has many enemies as it continues to innovate and disrupt. The media trumpets the “no innovation” montra because they are paid to slander by those being disrupted and because in the war of propaganda an opponent’s greatest strengths are always attacked with vigor.

  4. DOJ is going to sue Apple and force them to share their fingerprint and other related Apple pay technology with other so Apple will not have a monopoly on secure “cardless” payments. Just a matter of time.

  5. And to fight back apples credit card disrupting initiative..
    Paypal sent me a paypal/ mastercard Credit card in the mail today..
    A bit out to lunch if u ask me.
    And i love paypal … I have so far…But if they choose to get into this Fud buisness rather than improve their product .. My positive feelings fir them wont last for too long !

  6. This seems liable on their part. They are trying to associate a nonexistent breach (guessing passwords is not a breach.) with a services that does not exist, so the service would fail because people would believe the untrue message?

  7. Even if the celeb selfie hack wasn’t caused by phishing, but instead caused by some lack of security on ’s part (I think my brain just twisted into a pretzel even trying to consider that implausibility …), there’s a big difference between selfies and credit cards. If PayPal didn’t want to be disingenuous (brain just twisted again), they would look at how many credit card hacks iTunes has been involved in … I believe that answer is 0!

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