Fair enough. Clearly I’m not that in the loop on the details, and I agree there should be a way to use it without relying on smartphones. I don’t use a banking nor paypal app today either.
But Visa and Mastercard are making a big play to shift the European market towards the US model where their credit cards are used for everything, so time is of the essence. For that reason I’m okay with some drawbacks, because there’s at least a chance they will be addressed down the line. Also combating the payment duopoly and circumventing US-based systems are major wins for consumers already. I further hope it would hopefully over time see adoption in other countries as well as a real alternative to CCs when travelling.
Fair enough. Clearly I’m not that in the loop on the details, and I agree there should be a way to use it without relying on smartphones. I don’t use a banking nor paypal app today either.
But Visa and Mastercard are making a big play to shift the European market towards the US model where their credit cards are used for everything, so time is of the essence. For that reason I’m okay with some drawbacks, because there’s at least a chance they will be addressed down the line. Also combating the payment duopoly and circumventing US-based systems are major wins for consumers already. I further hope it would hopefully over time see adoption in other countries as well as a real alternative to CCs when travelling.
Visa and Mastercard also have debit card systems. You can’t easily escape their duopoloy, but you don’t have to own a credit card in Europe.