5 ms·
What's the benefit of this over contactless payments?
by mytailorisrich 5mo ago
What's the benefit of this over contactless payments?
- mcv 5mo agoIt works over the internet.
- mytailorisrich 5mo agoHow does it work when you need to pay for something in person? (what contactless is for)
- trashb 5mo agoYou use your bank card or contact less payment from your bank app. Optionally you scan or get send a payment request, and pay through Wero.
- mcv 5mo agoThat's what you use contactless for. Different systems have different purposes. Although people have also been known to use Tikkie or other payment request systems for in-person payments. Backed by iDeal, or now Wero.
- lxgr 5mo agoQR codes for now, unfortunately.
- jeroenhd 5mo agoIn some countries there is a payment system that works by generating QR codes at checkout and scanning those with your phone. I don't know if Wero intends to also support those, but it could make for a direct integration into live checkout. I think the Digital Euro initiative is closer to replacing contactless payments than Wero is, but it'll depend on the country I think.
- mcv 5mo agoiDeal supports scanning of QR codes, so I assume Wero does too.
- mytailorisrich 5mo agoIMHO, QR codes are a big step back from contactless and appeared in countries that didn't have widespread card adoption (e.g. China),
- mcv 5mo agoQR codes aren't a replacement for contactless. Contactless will stay, although unfortunately Dutch banks have recently discontinued their own contactless payment system and moved to Google Pay, which was a terrible decision.
- mytailorisrich 5mo agoI guess the point is: Why would you bother with QR codes if you have contactless?
- mcv 5mo agoI still don't think contactless works across the internet.
- SideburnsOfDoom 5mo agoI think this is the point, they have different use-cases. Contactless requires the acceptor to have a specific piece of hardware that comes with a contract. The QR code is an image, that AFIAK contains instructions on a specific transfer (target account number, amount, reference etc) in a machine-readable format, that the sender can chose to scan and accept or not. Neither is "better", they have different uses.
- mytailorisrich 5mo ago