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.

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