On 03/17/2017 11:34 AM, John Robinson wrote: > Walgreens has progressed to where we can use their rewards system from our > watch…now I can get the points for shopping and pay for the product all from > the watch…THIS is the way it should be everywhere…simple, convenient, secure, > fast…Chip cards are so darn slow.
All over Europe people already use contact-less NFC-chip cards that are just as fast as Apple Pay and Android Pay, although not as secure. Those same cards will work at the new Apple Pay-compliant terminals. I'm sure the banks are covetously eying that little sliver of money Apple gets from each Apple Pay transaction. This is why I expect more U.S. credit cards to come equipped with NFC chips as well as the slower EMV chips.
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