Originally Posted by
tmiw
That's the bank's fault for allowing stolen cards to be added to ApplePay.
QR in itself isn't a dealbreaker. China uses Alipay and WeChat Pay for nearly everything, after all. In fact, the right QR code system could very well have a shot in the US market as well; unfortunately I'm not sure any that have come out thus far qualify.
It's a lot slower to unlock a phone, launch an app, generate a QR code and have it scanned, versus just tapping a phone or watch to the terminal.