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0 pointse_y_5y ago0 comments

Crappy payments isn't a tech problem, it's a market problem. Consumers and merchants can't be bothered to adopt contactless technologies that were introduced half a decade ago.

Companies have tried QR codes and other payment schemes long before that (including the unfortunately named ISIS), but again, no traction.

0 comments

onethought5y ago

Americans don’t like contactless payment?

Or (more Likely), unlike their Chinese counterparts, American banks are way more conservative with adopting new technologies. Hence why y’all still get paid with paper cheques :)

astrange5y ago

We have contactless payment with EMVpay/Apple Pay. There are some QR code systems like Venmo but I don't know what the value add of scanning a code is supposed to be.

Nobody gets paid with paper checks unless they want to, although if you're poor and have been blacklisted by the bank system you might take it so you can use a check cashing service.

ghaff5y ago

People have their habits. I do increasingly use my Apple Watch (or a contactless credit card) to pay but my observation on the outskirts of a large East Coast metro is that effectively no one does.

I still use checks for service people and some other purposes, e.g. when there's a fee for online payment.

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