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> As always, Europe is too fragmented, and slower to adopt new tech, for one of these solutions to gain wide spread adoption quickly Not sure what you're talki
by jwr 8y ago
> As always, Europe is too fragmented, and slower to adopt new tech, for one of these solutions to gain wide spread adoption quickly
Not sure what you're talking about. In Poland, I can use my phone to pay for anything anywhere. Seriously. I can buy a single apple at a grocery stand and tap my phone on the reader that will surely be there and will surely work with all NFC payment systems.
Coming to the US is a shock, because suddenly nothing works, and even in places where it's supposed to work nobody tries to pay with a phone, because it's flaky.
So I'd say it's exactly the other way around. With customer-facing banking tech, Europe is way ahead of the US.
- the_duke 8y agoAnd what is the name of the app? Because I guarantee most of Europe has never heard of it. That was my point. Solutions might gain adoption in a single country quickly, and there are some that are becoming very popular in various countries. But it's hard for any one of them to get adoption across the EU.
- dan1234 8y agoUsually ‘the app’ is just contactless payment via Apple Pay or Google Pay.
- jwr 8y agoWhat app? :-) You mean Google/Android Pay or Apple Pay or anything else? (such as the wonderfully low-tech solution of placing a miniature NFC credit card sticker on the back of your phone or in your phone case). I'm not sure what you mean by "getting adoption", but when I stand in line in Warsaw, almost all payments are contactless, and probably 1/3 are done using a phone.