Reply to post: Oh joy

Amazon takes swipe at PayPal, Square with card reader for mobes

DrXym Silver badge

Oh joy

Yet another proximity payment system for phones that nobody will ever use.

At the end of the day Google, PayPal, Amazon, Apple + world are trying to insert themselves into transactions as another layer of fees on top of what Visa, Mastercard or Amex would charge. What's the point of that for the consumer or the merchant? Why is whipping out a phone seen as a benefit when most credit cards have proximity RFIDs anyway these days?

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