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by ezarowny 3680 days ago
As the article makes quite clear, mobile payments are overrated. However, I have experienced a situation where mobile payments have been better than existing systems. Not too long ago, I discovered some fraudulent transactions on my credit card transaction log. My bank, Chase, immediately issued me a new credit card. Apple Pay updated within less than 15 minutes with the new card while it took a number of days for the new credit card to arrive in the mail.