The battle for the privacy and customer! By taking away this for retailers and banks, they enhance their relative position even more!
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Apple Chief Executive Officer Tim Cook loves to talk about the security features of his mobile-payments system. Apple Pay won’t collect information about what people buy—and it’s designed to ensure no one else can, either. Merchants have good reason to be excited about Apple Pay, which goes live on Monday at some 220,000 shops and restaurants. But some retailers are less than thrilled about Apple’s anonymous infrastructure.
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