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by NamTaf 3352 days ago
Yeh, this always seemed doomed outside the US, which in general appears to be ahead of the US for card security. Especially in AU, I don't even really go to bars with cash any more, I just use contactless payment with my card literally everywhere. Coffee, lunch, bars, etc. - pretty much everywhere has paypass/paywave now and has for years.

Even three years ago, the writing was surely on the wall that they were exploiting weaknesses in old tech to pull off their product, so there was an obvious sunset on their ability to operate their core product. Why would they invest in something that already has an end date on it?

1 comments

Even though I have a contactless card, I still prefer cash because it reminds me how much I'm spending. It's all too easy to tap away $40 several times a month and wonder where it all went.
I found the opposite was true.. Having cash in my wallet meant I didn't know where it got spent (not specifically in bars though, just in general so maybe we're talking about different things).

With tap + debit, I can track all my individual transactions via services like Mint, plus my bank sends me an email on every transaction that happens to my accounts, so I have redundant logging of where all my money goes.

I find that both of you are right and this is why I'm always broke.