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Dones

join:2008-02-14
Toronto, ON
reply to graniterock

Re: Cell Phone NFC payments now in Canada

Why the hell do you need an NFC sim? If the phone has NFC, it should work. And it's about time, I've been using Google wallet on my Nexus phone for over a year. It strikes up a conversation every time i use it.


nitzguy
Premium
join:2002-07-11
Sudbury, ON
said by Dones:

Why the hell do you need an NFC sim? If the phone has NFC, it should work. And it's about time, I've been using Google wallet on my Nexus phone for over a year. It strikes up a conversation every time i use it.

On a whole, and in general, Canadians are WAY MORE paranoid about security of their money vs. Americans. Granted we had a national system in place (Interac debit) before most Americans did, we did that because the banks ran it and there are only 6 "big banks" and it was deemed to be secure and safe.

Canadians are generally speaking, leery of new technology so you turn this into a "catch 22" where the companies don't want to spend on new technology because they have to pay the "processing fees" on it so Canadians don't use it, and well, its more of a chicken and egg scenario, but that's why its been very slow to acceptance, and if the previous system works well for 90%+ of the population, then why change it is the merchants view...heck, they still have till 2015 to change over to use the chip for crying out loud...I swiped my card for the first time in about a year at a dollarama, not one I frequent but I don't know if they're all the same....it means the merchant there is going to squeeze out every last minute where they can use their current technology to maximize their profits...and why shouldn't they...as a business owner if I'm not going to recoup my costs for new equipment, why would I do it?

Personally speaking, I barely trust my phone to make phone calls...I'd be amiss to have it store any sort of my banking information, lest a criminal get their hands on it....safeguards be damned (see, I'm one of those people...) and I'm 34...maybe I'm turning into an old coot of sorts, but I'll stick with what I have.