Depending on the source contactless payments like Apple Pay are skyrocketing or unused. Veronica Belmont and Tom Merritt talk about what they’ve seen, including veronica’s attempt to replace her wallet with her phone for a day.
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Show Notes
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Hi Tom,
Regarding contactless payments in Australia, the important thing to note is that Apple Pay is only available for users of American Express, which is a very low number, and Google’s solution is bit available in Australia yet.
The majority of contactless payments are made with NFC credit and debit cards, which most banks offer as standard, not with Mobile phones.
Stephen King version of replacing your wallet with your phone means if your phone dies you cease to exist.