4 ms·
"with no significant chance of unintended transactions or MITM attacks" I have worked with anti-fraud teams at Alibaba and other unnamed large Chinese firms. T
by shuckles 7y ago
"with no significant chance of unintended transactions or MITM attacks"
I have worked with anti-fraud teams at Alibaba and other unnamed large Chinese firms. This is extremely far from the truth, and shoulder surfing QR scanning scams have been in the national news in China many times. NFC tags are cheap and already being proposed for scooters, etc.
QR proliferation is again enabled mostly by the fact that there is no incumbency advantage, not because they're better innovations. Even you admit they aren't, and you don't seem to fully understand how bad QR is as a payment media. Imagine Square's uptake in American SMBs and then mentally map that almost every Chinese retailer is or recently was an SMB. That's simply what's happening.
I don't harbor the notion that the US is particularly advanced, especially in standardized infrastructure, but pointing to QR as an example of Chinese innovation is not convincing.
- baybal2 7y agoI knew the man who was on the team that came with idea of using QR for payment. Their pretty much one and only point was to circumvent Apple's blockade of existing payment mechanisms. And yes, Japanese mail order magazines came with idea of "offline Internet shopping" back in nineties, in era of flatbed scanners
- shuckles 7y agoI thank him for keeping me gainfully employed for many months.