I know this is a bit off subject, but I thought it was worth mentioning. Most credit card companies have now implemented alerts systems which allow you to define a transaction limit amount that triggers an email or SMS. Since most thieves attempt to charge high value items this is a great way to find out if someone has gotten a hold of your account number. On my last trip to Europe I received an alert from Chase for a high value transaction which was made in Japan. I did not even have the card with me, but was able to call Chase collect, and have them cancel the card. By the time I got home, I had a new card waiting for me.
On this trip I used my Capital One credit card. They have an international transaction alert option. It was extremely helpful and unbelievably fast. Every time we used our credit card, I would receive an email within 30 seconds of the transaction's completion with the US Dollar amount and location. When you are abroad you are always guesstimating the amount in US Dollars, but with this feature you can easily validate that you were charged a valid amount while you are in the vicinity of the retail establishment.
Email alert on my iPhone.
On the fee side, it amazes how diverse international transaction fees can be. I chose Capital One because they have no transaction fee and from my calculations the bulk foreign exchange rate follows what you find in the Wall Street Journal. I found this great WIKI which lists what providers charge on international debit and credit transactions. As with everything, you should always call the institution directly to make sure your account provides the benefits described.
Apple – Another Quarter, another Blowout!
Apple and the iPhone just keep trucking along with a record quarterly sale of 7.4 million iPhones and 440,000 Macs. The only disappointing news was slightly lower iPod sales, but Apple still holds 70%+ of the MP3 player market. Maybe the Zune HD is having an effect! (I had to say it)…
The interesting tidbit in all of this is that smartphone competitors are throwing everything they have at the iPhone and are barely dinging it. It seems that even the mighty Verizon is growing concerned and have now started to attack the iPhone with the Motorola Droid TV ad.
That said Apple still has a formidable opponent; Research In Motion's BlackBerry holds 51% of the smartphone market (IDC), while the iPhones is at less than half with 22%. The basic reason is that Apple has neglected corporate functionality especially on the email front (when do we see full Exchange ActiveSync functionality?). Tim Cook's (Apple COO) response is that iPhone is being piloted or deployed in 50% of Fortune 100 companies and he is very pleased. From my contacts in the Federal government and corporations, IT is begrudgingly allowing the iPhone but they are not supporting it. This means users are on their own, which is very problematic for most users. Until Apple can show they are serious about corporate requirements they won't make a real dent in RIM's lead.
Posted by sskarlatos on October 20, 2009 at 08:29 AM in Apple, Blackberry, Commentary, Exchange, iPhone, Verizon | Permalink | Comments (0) | TrackBack (0)
Digg This | Save to del.icio.us