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Like so much "innovation" coming out of the tech community, mobile payments is a solution in search of a problem. Mobile payments are not faster, safer, or more
by alistproducer2 11y ago
Like so much "innovation" coming out of the tech community, mobile payments is a solution in search of a problem. Mobile payments are not faster, safer, or more convenient than the existing system.
I understand the potential payoff for a tech company makes the development of such a redundant technology worth the risk; it's still a shty idea.
- davidf18 11y agoApple Pay is faster to use than CC and it confers the additional benefit that since Apple only sends a token to the vendors POS terminal your CC number can't possibly be hacked, unlike the cases of Target, Home Depot, and Neiman Marcus to name a few. It is faster since you simply hold your iPhone6 (+) over the CC terminal and press your thumb down. This is certainly faster than fishing the CC out of your wallet, swiping it and signing the receipt.
- alistproducer2 11y agoI didn't know that about Apple Pay (not an apple guy). I concede that that system is faster, more secure and more efficient. You win.