Are traditional wallets really a problem? What exactly is the problem that is being solved here?
http://www.quora.com/Aaron-Greenspan/Paying-With-Your-Phone-...
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Are traditional wallets really a problem? What exactly is the problem that is being solved here?
http://www.quora.com/Aaron-Greenspan/Paying-With-Your-Phone-...
This could, and should be the future. Will it be? Probably not for a while, mostly because Visa and AMEX will launch their own competitive products. Stores will be forced to make a choice as to which system they support. Google will scream for everyone to adopt their "open" system while everyone else will complain about Google wanting to be a monopoly in this new field. The feds will intervene and we'll see years of…
The article says that they're in talks with Visa. Also, Google does not take a cut when you use your Mastercard, it's just like a regular wallet, not paypal. So really Visa and AMEX shouldn't have to reject it.
Anybody knows why it only works on the Sprint Nexus S but not the one on TMobile?
Sprint and Google have been very friendly recently[1], so it could just be an exclusivity thing. What I'm more curious about is why none of Sprint's other, more recent Android phones have NFC in them- I just picked up a Photon yesterday sans NFC, and I'm led to believe that the EVO 3D and the Epic 4G Touch don't have it either. (Which is particularly weird for the E4GT, because the other Galaxy S II variants in the U…
Are traditional wallets really a problem? What exactly is the problem that is being solved here?
So its definitly not solving the wallet issue.
I won't be buying into it as I leave my phone all over the place. Plus I travel abroad a lot and already deal with way more fraud that I'd like anyway. Total pain dealing with banks to get all the fraudulent transactions reversed after getting home :/ anything that automates the process for me also automates it for the bad guys, so I'll be a late adopter thats for sure.
Are traditional wallets really a problem? What exactly is the problem that is being solved here?
For me, pocket room and security. I used to have to carry around a phone,keys, CD player, wallet, and camera. Now the camera and ipod are integrated into the phone, and I'm just carrying my phone, keys, and wallet. I really appreciate the extra pocket space, and I'd love to fold the wallet into the phone and get some more. The extra security of having a PIN on your wallet is just a bonus.
In the intro video, the guy did not tip the cab driver! He would have taken longer otherwise...
This could, and should be the future. Will it be? Probably not for a while, mostly because Visa and AMEX will launch their own competitive products. Stores will be forced to make a choice as to which system they support. Google will scream for everyone to adopt their "open" system while everyone else will complain about Google wanting to be a monopoly in this new field. The feds will intervene and we'll see years of…
The article says that they're in talks with Visa. Also, Google does not take a cut when you use your Mastercard, it's just like a regular wallet, not paypal. So really Visa and AMEX shouldn't have to reject it.
Most of the cards in my wallet are IDs and discount cards (driver's license, student ID, a couple of grocery stores, gas, bus, train, AAA...). Even if they add support for all payment cards known to man, that would only take two cards out of my wallet. It's a great idea, but it's definitely not "replacing" traditional wallets anytime soon.