Technology has had an incredible impact on how we buy things. In 1958, the Bank of America created the first modern credit card. In 1994, Amazon.com launched, which in turn popularized the concept of online shopping. Now, contactless technologies are making it quicker and more convenient to make small purchases. The contactless payments market is incredibly fragmented. On one hand, you have the contactless chips that are increasingly being built into bank-issued cards – Visa PayWave, American Express ExpressPay, and MasterCard PayPass are the three biggest examples. On the other, there are solutions built into mobile devices – Samsung Pay,…
Read the full article: Is Android Pay Better Than Your Contactless Credit Card?
