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Cards are yesterday things. Many countries quickly moving on to phone based payments. Its much secure (requires touch or face ID) than doing fake signatures. I've no idea why visa/mastercard can't move to this. The often given reason for massive 5% cut is potential voided transactions, merchant setup, cashback expected by customers and ofcourse profit. Much of these can be eliminated by phone based transactions. This space is ripe for disruption.



>Many countries quickly moving on to phone based payments. Its much secure (requires touch or face ID) than doing fake signatures.

EMV is a thing, you know. And cards don't run out of battery or get smashed like phones.


> Many countries quickly moving on to phone based payments

Even as a tech guy, no thanks. Phones are mostly ok but still fuck up too frequently to trust them with anything serious.




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