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is the fundamental act of a card swipe broken ? On on hand, I can clearly see the value of Square... and on the other hand, I can also see the value of business
by sandGorgon 12y ago
is the fundamental act of a card swipe broken ? On on hand, I can clearly see the value of Square... and on the other hand, I can also see the value of business models like LevelUp (that commoditize mobile payments and leverage marketing budgets).
But is a disruption of mobile wallets vs credit cards even possible ? Why would a 19-year old college student prefer it ... or why would a 30 year old professional switch to it over credit cards ?
- Istof 12y agoI recently switched from magnetic stripe card to chip card and it is far slower to do a transaction... and by the end of 2015 most cards in the US will be chips probably... so I guess this could be one reason.