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This is a peculiarly US phenomenon. Much of the UK, EU, Aus etc are much more willing to adopt new payment technology. (Can't speak for the non English speaking
by anitil 8y ago
This is a peculiarly US phenomenon. Much of the UK, EU, Aus etc are much more willing to adopt new payment technology. (Can't speak for the non English speaking world but obviously China is way ahead)
Surprisingly the US is much harder to convince. Ask people under 30yo in Aus or the UK when they last wrote a cheque, and the answer "what's a cheque?" is likely the response. Signing for a payment, magstripe, even using a PIN is mostly a distant memory.
- sundvor 8y agoYeah what is a cheque? ;) I can go weeks without my wallet now, Samsung Pay on my phone works just about everywhere in Australia, and it's great. Banking app even lets me generate a code to get cardless cash from ATMs, should I need notes. For transactions bigger than ~AUD100 I do have to enter my pin but that's a minor inconvenience.
- entity345 8y ago> Ask people under 30yo in Aus or the UK when they last wrote a cheque, and the answer "what's a cheque?" It's what train companies in the UK send you 3 weeks after you fill a compensation for delay claim...