
I agree.
Even if Apple does come out with some amazing new payment technology... in the short term... only a handful of retailers will even use it. Who knows how long it will take to become as ubiquitous as accepting credit cards is now.
Right now... I can swipe my debit card anywhere cards are accepted... which is pretty much everywhere. I, personally, never have a problem with that.
Sure, but people said the same thing about CC and debit cards before they were commonplace. There was the argument that if you got robbed someone would have access to a lot more funds than the typically small sum you have in cash. I don't think the concept of being protected from fraudulent purchases was part of the initial setup.
As for the speed there was an event just last week that showed an app called Passbook that is part way for what a successful system could do.
Again, it adds more security than keeping cards with numbers, signatures, and user and bank names printed plainly on them. I want my financial data to be kept in a heavily encrypted file, like 1Password, until such time that I need it, not placed on plastic cards that anyone can read and copy if they get ahold of the item for a brief moment.
"Blank! BLANK! You're not looking at the big picture!"
"Blank! BLANK! You're not looking at the big picture!"






