There is definitely an opening in the retail payments market right now. The chip thing is a major problem for high volume retail. That extra time adds up in a v

There is definitely an opening in the retail payments market right now. The chip thing is a major problem for high volume retail. That extra time adds up in a very big way, just like latency in a network. -Instead of getting quicker, payments just got slower -Apple and Google have the credit card companies on to their payment platforms now -Minimum wage moving toward $15+ an hour means cashiers need to double speed/efficiency -Interest rates are extremely low, which means cash flowing transactions is cheaper for any party The payment terminal is already being leapfrogged at Starbucks with mobile ordering. Retail stores could require identification and payment method in order to enter the store, and then bill you as you walk out using mobile sensors. This wouldn't be any more unusual than needing a membership to get in to Costco. The membership contract could over ride traditional payment transaction rules. There are tipping points in terms of costs vs lost revenue but I suspect things are going to move away from cash and physical cards really quickly. Like Uber, rather than being a negative, this will be seen as a huge positive by the majority of users.