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Intentional or not, this move reduces the influence of US owned payment networks MasterCard & Visa.
by a_paddy 2mo ago
Intentional or not, this move reduces the influence of US owned payment networks MasterCard & Visa.
- spystath 2mo agoExchanged a US proprietary platform (Visa/Mastercard) for another US proprietary platform (Android/iOS).
- drnick1 2mo agoBut this system is probably tied to Google and Apple's "device attestation." Don't worry, it's in the name of security!
- bulbar 2mo agoIt's better to move step by step instead of trying to solve all problems at once. Most important things by far is that it's easy to use for the common use case of a regular android or iPhone user. The task at hand is replacing MasterCard and Visa, not to decouple from all US companies at once.
- xela79 2mo ago>But this system is probably tied to Google and Apple's "device attestation." any banking app for the last 20 years has basically been available only on google and apple devices, (none jailbroken, none rooted) to do proper attestation. So how this different...
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