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The mechanism for paying is on a par with credit cards, if not slightly above. Was it really easier than taking out your credit/debit card and "beeping" it aga
by mootothemax 12y ago
The mechanism for paying is on a par with credit cards, if not slightly above.
Was it really easier than taking out your credit/debit card and "beeping" it against the card reader? (i.e. PayPass/payWave).
Whilst I'm all in favour of pushing new technologies, I simply can't imagine that paying by bitcoin was easier than that!
- AlexMuir 12y agoI've never once paid by Paywave, even though I think I have it on all my cards. I don't know if it's a European thing but despite all the tech being installed it just hasn't seen much adoption - I know no-one who uses it. We're still firmly chip and pin. From a business's perspective though, Bitcoin is immeasurably easier. No approval needed, just buy a £100 android tablet and off you go. Funds available immediately. Compare that to going down the bank and grovelling for them to let you take cards. Obviously it's not close to an alternative yet, but it's an easier flow.