• ilhamagh@lemmy.world
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        4 months ago

        Why?

        Even a low-end phone comes with a good enough camera for QR which means wider adoption, you need a higher tier phone for NFC.

        We have a similar system in my country and I believe we copy it from India, it works and is convenient.

    • sunzu@kbin.run
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      4 months ago

      Isnt it free and very good?

      Think of it more is visa master card discover bank of America?

        • sunzu@kbin.run
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          4 months ago

          As in “free” payment processing system deployed and maintained by the Indian government?

          • The Liver@lemm.ee
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            4 months ago

            Why the quotes? It is free. Except for the money that you transfer. That is deducted from the bank account, obviously.

            • sunzu@kbin.run
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              4 months ago

              Taxpayers still pay for it, but it is free at the point of sale or transaction.

              It is great system tho as far as my understanding how it was done. In us, the rate is 3-4% on credit transaction which dominat payment system for point of sale. Shit is taxing.

              • Aux@lemmy.world
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                4 months ago

                The real question is why do people in the US use credit cards instead of debit cards like everyone else?

                • sunzu@kbin.run
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                  4 months ago

                  It provides better customer protections over any other payment method. It allows you get a charge back if vendor is acting funny.

                  You zero practical protection with cash for example if physical or less protection with debit card. Debit cards are not good to use for everyday buying if it is your checking account. It is too risky.

                  • Aux@lemmy.world
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                    4 months ago

                    Many countries have laws and regulations which create customer protections, so there’s no need to rely on 3rd party solutions.