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If they can ultimately bypass the credit card services/fees then I can see the significance of this, otherwise isn't it just adding another step to the credit c

by moab9 15y ago

If they can ultimately bypass the credit card services/fees then I can see the significance of this, otherwise isn't it just adding another step to the credit card purchasing process? What am I missing?

thinkcomp 15y ago
You're not missing anything. While services like ours (FaceCash, https://www.facecash.com https://www.facecash.com) bypass the credit card interchange and lower fees as a result, Google is just emulating what everyone already has and adding extra cost to the equation for merchants.
- barista 15y ago
  Exactly. As a user I don't see myself getting any benefits out of this but taking the risk or storing my transactions and shopping history at yet another place and leaving it vulnerable for hackers to exploit. What is the value add here?
- faitswulff 15y ago
  I'm sorry because this is unrelated, but speaking as an interested and even encouraging consumer, FaceCash has some of the most horrendous branding I have ever seen. The logo looks childish at best, nightmarish at worst, and the motto is vaguely threatening. Didn't the Joker make someone sign with his face in The Dark Knight? As I recall, it was fatal. The narrator of the videos needs a drink of water - the smacking sounds are incredibly distracting - and the reason the name sounds so terrible is because it's a near-homophone for "Face Gash." I really want to love this. I do. It sounds really useful. But I can't even look at it without flinching. But, as my English teacher was fond of saying during critiques, feel free to tell me to go to hell. Perhaps I am not in your target market.
  - thinkcomp 15y ago
    You can't please everyone. A lot of people like the logo. The narrator has also received a lot of compliments.
- justanotheratom 15y ago
  As a small startup, do you feel threatened by a multinatioal encroaching on your turf?
  - thinkcomp 15y ago
    Not really. Their system is a lot different and not as beneficial for merchants or consumers.

by moab9 15y ago

thinkcomp 15y ago

You're not missing anything. While services like ours (FaceCash, https://www.facecash.com https://www.facecash.com) bypass the credit card interchange and lower fees as a result, Google is just emulating what everyone already has and adding extra cost to the equation for merchants.

barista 15y ago
Exactly. As a user I don't see myself getting any benefits out of this but taking the risk or storing my transactions and shopping history at yet another place and leaving it vulnerable for hackers to exploit. What is the value add here?
faitswulff 15y ago
I'm sorry because this is unrelated, but speaking as an interested and even encouraging consumer, FaceCash has some of the most horrendous branding I have ever seen. The logo looks childish at best, nightmarish at worst, and the motto is vaguely threatening. Didn't the Joker make someone sign with his face in The Dark Knight? As I recall, it was fatal. The narrator of the videos needs a drink of water - the smacking sounds are incredibly distracting - and the reason the name sounds so terrible is because it's a near-homophone for "Face Gash." I really want to love this. I do. It sounds really useful. But I can't even look at it without flinching. But, as my English teacher was fond of saying during critiques, feel free to tell me to go to hell. Perhaps I am not in your target market.
- thinkcomp 15y ago
  You can't please everyone. A lot of people like the logo. The narrator has also received a lot of compliments.
justanotheratom 15y ago
As a small startup, do you feel threatened by a multinatioal encroaching on your turf?
- thinkcomp 15y ago
  Not really. Their system is a lot different and not as beneficial for merchants or consumers.