Originally Posted by
tmiw
You do realize that even countries that have near ubiquitous contactless adoption haven't gone to the extent that you're suggesting, right? For instance, cash back will probably always require swipe/insert with a physical card--not to mention that countries with contactless limits won't be able to lift those for anything other than mobile devices until online PIN's supported.
The better route if you want adoption is going to be to make it worthwhile for customers. Stuff like extra rewards if you tap with a phone or pay in-app/on a website (which apparently is successful/being gamed enough that Samsung is cutting back on their rewards program).
Yes, but that is the point. We'll actually be ahead for a change. We shouldn't always lag behind everyone else.
Cash back? Not needed at the pump, which is the only place I'm talking about. Why does cash back require a physical card? ATM's at BoA and Wells Fargo have NFC capable transactions.
Wouldn't this solution also be cheaper for gas stations?