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This seems like an interesting idea So the user will install your app and link their credit card, and every site that uses your service will just show a QR cod
by buss 11y ago
This seems like an interesting idea
So the user will install your app and link their credit card, and every site that uses your service will just show a QR code?
It sounds like you suffer from a pretty bad chicken-and-egg problem. A merchant would have to accept both SQRL payments and regular payments if they wanted to make money. Merchants are not in the business of pushing a preferred payment method if it means they don't get paid. Every step between a shopping cart and a payment decreases the likelihood of a successful conversion. How will you address this?
- tke248 11y agoI would start by targeting under served merchants that currently don't offer the credit card option like vending, laundromats, etc. I could also see this working to give websites another way to monetize ad blocked sites with micropayments(i.e wired throws the hey stop using adblock banner or click this qrcode and give us $.25) Another benefit to the customer would be privacy since the merchant would never see their personal info this could fuel adoption,