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I work in the smart card payment industry for a large north american bank. I've been in conferences with actual merchants voicing their concerns. I didn't make
by JimmaDaRustla 13y ago
I work in the smart card payment industry for a large north american bank. I've been in conferences with actual merchants voicing their concerns. I didn't make my observations sitting at Starbucks.
- seiji 13y agoStarbucks is a great example of another company that allows payment without a card or NFC, though you still go through the checkout person.
- JimmaDaRustla 13y agoAnd also more secure than traditional payment methods since it is prepaid and the merchant is guaranteed not to be frauded. What merchants don't want, typically, is added customer convenience to payment methods IF it adds additional risk for fraud. EMV Chip has been a huge success, and NFC is kind of a step backward because anyone can steal a NFC chip card and make small purchases, which means merchants still need to dispute fraud charges.