But in this murky industry, I was only partly successful. With my banana test – two bananas, one bought with the popular Chase Amazon Prime Rewards Visa and the other with Apple's Mastercard – I hoped to uncover the secret life of my credit card data. But the Apple Card, which runs on the Mastercard network, doesn't introduce much new technology to protect you from a lot of other hands grabbing at the till. Apple limits bank partner Goldman Sachs from selling or sharing your data with marketers. The new Apple Card's best attribute is privacy (though the fashion faux pas of its white titanium has gained more attention). Credit cards are a spy in your wallet and it's time we add privacy, alongside rewards and rates, to how we evaluate them.Īpple, branching out from gadgets, just began offering a needed alternative. Despite a US federal privacy law covering cards, I found six types of businesses could mine and share elements of my purchase, multiplied untold times by other companies they might have passed it to. Oh, the places a banana will go in the sprawling card-data economy. It ended up with marketers, Target, Amazon, Google and hedge funds, to name a few.Īpple limits bank partner Goldman Sachs from selling or sharing your data with marketers. My banana generated data that's likely worth more than it is. You might think my 29-cent swipe at Target would be just between me and my bank. Then I tried to figure out how my credit card let companies buy me. Washington | I recently used my credit card to buy a banana.
0 kommentar(er)
