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by sytelus
2500 days ago
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The Apple credit card is simply an incentive to use Apple Pay. You can think of this card as Trojan horse. Think about it: Why do you need any credit card at all? You have your phone, you can flash whatever bardcode/QR code auto generated, verified with your FaceID/TouchID. It would be ton more secure, prevent a lot of fraud and can do sophisticated things like automatic accounting, receipt keeping etc. BUT at the same time, it would dissolve the monopoly of 3 companies who are in the business of credit cards because virtually anyone can start mobile payment business this as long as POS systems were enabled for it. The widely deployed POS systems control which system of payment would become the norm. In countries where credit cards weren't the norms, mobile payments are the norms now. Other countries are left behind this revolution. |
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One's phone could be dead, or near 0-percent battery. The trend is for people to forego annual upgrades (phone lifespans are increasing), but those phones are also not getting maintenance -- so the battery performance is degraded. A phone with a degraded battery might barely pull through a day, if you remember to charge it the previous evening.