"LoopPay #MST uses regular card number & magnetic signals easy to detect & replicate"-James Anderson SVP MasterCard http://abcnews.go.com/Technology/wireStory/qa-samsungs-mobile-pay-29310608#prclt-SN2W1ybq …
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Replying to @BrianRoemmele
Then why? => MT
@BrianRoemmele:
"LoopPay #MST uses card # & magnetic signals easy to replicate"-SVP @ MasterCard http://abcnews.go.com/Technology/wireStory/qa-samsungs-mobile-pay-29310608#prclt-SN2W1ybq …”1 reply 0 retweets 1 like -
Replying to @kent_green
@kent_green Kent, transition to NFC is the only reason. It is dead end Technilogy.
1 reply 0 retweets 1 like -
Replying to @BrianRoemmele
@BrianRoemmele I guess if plan is to get ppl on the network as it
NFC, that makes sense. But w/o security, what's the value prop to banks?1 reply 0 retweets 1 like -
Replying to @kent_green
@kent_green Kent, yes very good points. I think the banks are onboard for the NFC side of#SamsungPay primarily.1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@kent_green And not missing an opportunity to be top of wallet. Banks don't have to bet on one winner.1 reply 0 retweets 2 likes
@RobOswald @kent_green Robert, Excellent point sir! The missed element is the battle for the limited space.
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