What a hit piece! Where's the numbers, anonymous author? How much fraud has been avoided by using Apple Pay and preventing retail employees from seeing the card number? Seems like the author as an ulterior motive in this article. I see no issue here that cannot be resolved BY THE BANKS. Why aren't banks reducing interest rates to compensate for the REDUCTION in fraud brought upon by modern systems like Apple Pay? To complain about a trickle of fraud out of Apple's primary control while pocketing the traditional transaction fee screams of hypocrisy. This article is drivel.