FlyerTalk Forums - View Single Post - Apple and Goldman Sachs to partner on new credit card
Thread: Apple and Goldman Sachs to partner on new credit card
View Single Post
Old Mar 27, 2019, 5:41 am
  #63  
RedSun
Suspended
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
Originally Posted by tmiw
Besides the people going into debt thing (which I'm not sure of the numbers), there's also the possibility that it might delay our going fully cashless. After all, a lot of stores absolutely hate the whole concept of interchange and have been doing various things to fight against the payment networks.
Exactly. American people are very conservative. They won't change the paying behavior and you'll have to force them to do so. We still use pound and inches where the inventor (British) has switched over years ago. The reasons??

I just do not see the NFC, contactless or phone become mainstream anytime soon. There is no need where you can just swipe your tiny plastic and be done with it. The stores do not like those IMO.
RedSun is offline  
Reply