Apple Pay For the UK

An anonymous reader writes about when Apple Pay will be available in the UK. "A major UK bank's concern over data collected by Apple Pay is reportedly stalling negotiations to launch the mobile payments service in the country by 'the first half of 2015.' The Telegraph reports that 'at least one' of the UK's biggest banks is 'uncomfortable with the amount of personal and financial information Apple wants to collect about its customers.' Apple has been adamant about its approach to collecting users' data via Apple Pay. 'We are not in the business of collecting your data,' said Apple exec Eddy Cue when introducing the service in September. 'So when you go to a physical business and use Apple Pay, Apple doesn't know what you bought, where you bought it, or how much you paid for it. The transaction is between you, the merchant, and your bank.'"

Comments

BS

[dkman]

'So when you go to a physical business and use Apple Pay, Apple doesn't know what you bought, where you bought it, or how much you paid for it. The transaction is between you, the merchant, and your bank.'

Since nobody else said it I call bullshit on this.
Apple needs to know where you bought it (store, and probably IP or equivalent identifier for the device the transaction came through)
Apple needs to know how much you paid if it's collecting a percentage.
Apple doesn't need to know what you bought.
The first two need to be stored if you have any kind of audit / discrepancy dispute resolution. If there's a time span on when you can file a dispute then they don't need to store anything beyond that.