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This feels like it could have been much better achieved through contactless payment than a proprietary app. Moving from coins makes sense, moving off standards
by simonjgreen 3y ago
This feels like it could have been much better achieved through contactless payment than a proprietary app. Moving from coins makes sense, moving off standards less so.
- mrighele 3y agoProprietary app makes more sense for them - you get the money in advance - you don’t pay commission to CC network for every transaction - casual users will give you much more money than what they need to
- simonjgreen 3y agoI'm extremely confident their top up mechanism will incur fees just as much as contactless payment would. And clearance is soon enough. Unclaimed balances would not show on their P&L if they are following GAPP, in fact they'd be a liability. And it's at a school?! Priorities:D
- acters 3y agoIf they had contact less, then they wouldn't be able to gather the data from their mobile device...