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Mastercard Launches Its Biometric Retail Payment System in Europe

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Re: Mastercard Launches Its Biometric Retail Payment System in Europe

#3
I don't really see how this is a drastically better experience than tap to pay, NFC, Apple Pay, etc. It would feel odd to provide eye scans to everyday retailers, and then at some point, you have to worry about your eye scan being stolen, and you can't (easily) get a new eye afterwards, but you can replace all the payment methods that aren't your eyes.

Re: Mastercard Launches Its Biometric Retail Payment System in Europe

#7

I don't really see how this is a drastically better experience than tap to pay, NFC, Apple Pay, etc. It would feel odd to provide eye scans to everyday retailers, and then at some point, you have to worry about your eye scan being stolen, and you can't (easily) get a new eye afterwards, but you can replace all the payment methods that aren't your eyes.

Attempt to remain relevant in a cheap instant payment world. People are happy with their card and phone NFC tap to pay, as well as QR codes. It’s all about cutting out the parasitic rails now.

Re: Mastercard Launches Its Biometric Retail Payment System in Europe

#8

I don't really see how this is a drastically better experience than tap to pay, NFC, Apple Pay, etc. It would feel odd to provide eye scans to everyday retailers, and then at some point, you have to worry about your eye scan being stolen, and you can't (easily) get a new eye afterwards, but you can replace all the payment methods that aren't your eyes.

> I don't really see how this is a drastically better experience than tap to pay

Your wallet and phone are lost/stolen. I wish the ATM would take my bank username and password but this is a close second in that situation. Wouldn't use it otherwise.

Re: Mastercard Launches Its Biometric Retail Payment System in Europe

#9
post #6

If I won’t give Amazon my palm print to pay at Whole Foods, why the f would I give Mastercard a pair of retinal scans? Seems like MC executives grew up on “Minority Report” and thought, damn this is a good idea!

or got FOMO regarding Worldcoin.

Re: Mastercard Launches Its Biometric Retail Payment System in Europe

#10
post #6

If I won’t give Amazon my palm print to pay at Whole Foods, why the f would I give Mastercard a pair of retinal scans? Seems like MC executives grew up on “Minority Report” and thought, damn this is a good idea!

People willingly do this for the minor convenience of saving 30 minutes in TSA lines. And I imagine the MC executives picture themselves as part of the cosseted ruling class depicted in 'Minority Report'.
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