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Two recent articles highlight the critical problems that contactless faces, which I’ve written about many times over the past couple of years. Now that the problems seem to be widely understood, I find myself writing much less about contactless and NFC payments. What in the world am I going to complain about now?
The Charlotte Observer writes about Visa and MasterCard’s no-signature policy which lets customers swipe their credit cards for purchases under $25 without signing the customary receipt (see You don't need to sign it, sir! Credit-card companies want swipes for small purchases, too).
The technology can do lots more of course, but has never been positioned in any other way.
See the full blog post here:
http://aneace.blogspot.com/2008/03/waiving-signature-for-transactions.html
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Jason Delabays Ecosystem Lead at Zama
22 April
Igor Kostyuchenok SVP of Engineering at Mbanq
Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation
Alex Kreger Founder & CEO at UXDA
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