> All of this to promote a payment system that literally has a 0% chance of success.
I don't think so. If retailers choose to not support a system then the system itself is kinda doom because this system was made for retailers.
The current payment systems are becoming obsolete at a fast pace (faster than I thought anyway). Cryptocurrencies, large chains of retailers rolling up their own payment system, etc.
Just a small comment on security: Most banks suffer serious hacks that you and I never know about it, for obvious reasons. So don't be so sure that banking systems are more secure than retailers.
>I don't think so. If retailers choose to not support a system then the system itself is kinda doom because this system was made for retailers.
I disagree. I think people will just wind up using their standard cards if given no alternatives that are viewed as safe by most people.
>Most banks suffer serious hacks that you and I never know about it, for obvious reasons. So don't be so sure that banking systems are more secure than retailers.
True, but regardless, the banks have won the PR war here. For consumer products, that's really all that matters. When it comes to widespread consumer trust, perception is reality.
I don't think so. If retailers choose to not support a system then the system itself is kinda doom because this system was made for retailers.
The current payment systems are becoming obsolete at a fast pace (faster than I thought anyway). Cryptocurrencies, large chains of retailers rolling up their own payment system, etc.
Just a small comment on security: Most banks suffer serious hacks that you and I never know about it, for obvious reasons. So don't be so sure that banking systems are more secure than retailers.