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Thank you. I think Square are ultimately technology agnostic, but they don't want the "nfc = payments" meme to spread, not quite sure why. But yes, after trave
by kul 15y ago
Thank you.
I think Square are ultimately technology agnostic, but they don't want the "nfc = payments" meme to spread, not quite sure why. But yes, after travelling through Asia and seeing nfc payments in action, I totally agree.
The Hong Kong anecdote is true. I was surprised that places wouldn't accept credit card but would happily accept my transit card for payments. It's a big opportunity in other emerging markets.
- pyre 15y ago> they don't want the "nfc = payments" meme to spread, > not quite sure why Maybe because it takes away from the idea that Square will be able to dominate? Maybe they see the spread of NFC as a way that the current credit card companies can jump on the tech bandwagon and edge Square out? Dunno.
- brackin 15y agoSquare reminds me of the Netbook in 2009. They were very successful in the short time but they weren't moving forward and everyone knew the tablet would eventually rule. NFC will eventually take over and they'll either fade out or have to rethink.