"Apple is reportedly using consumer data, such as spending history and which devices a user owns"
"Specifically, Google collects an immense amount of consumer data when consumers use the product. Google appears to use this data to develop new services and also in its advertisement business, among other thin"
Payments made by Apple Pay and Google Pay/Wallet both include a lot of data, and the use of that data by Apple, Google, Samsung, et al is "opted-in" when you chose to use the service and were presented with the very long ToS to agree to.
Contactless card payments are naturally limited in the amount of data collected and very tight regulation about how it's used.
From a privacy standpoint cash wins, but realistically cards will be used offline and online... so cards which are not loyalty / points cards, and not used via Apple Pay, etc, and which you can use in person, or enter each time into a payment provider and not store are the best choice.
"Apple is reportedly using consumer data, such as spending history and which devices a user owns"
"Specifically, Google collects an immense amount of consumer data when consumers use the product. Google appears to use this data to develop new services and also in its advertisement business, among other thin"
Payments made by Apple Pay and Google Pay/Wallet both include a lot of data, and the use of that data by Apple, Google, Samsung, et al is "opted-in" when you chose to use the service and were presented with the very long ToS to agree to.
I bet most people didn't realise that Google may share all of that data (you can see your activity here https://payments.google.com/gp/w/home/activity ) with their affiliates and partners, the opt-out is hard to find and most people are unlikely to be aware of it, it's on this page: https://payments.google.com/gp/w/home/settings
Note: Stripe Link also collects a lot of data https://link.com/gb/privacy-center
Contactless card payments are naturally limited in the amount of data collected and very tight regulation about how it's used.
From a privacy standpoint cash wins, but realistically cards will be used offline and online... so cards which are not loyalty / points cards, and not used via Apple Pay, etc, and which you can use in person, or enter each time into a payment provider and not store are the best choice.