Good picture. No, the payment flow can never be the same because of security reasons -- even for small amounts it would be extremely dangerous. The current M88 Mobile payment flow is already like this, generate QR code, scan, enter password, send. However, it will never be able to match with NFC payments because a M88 Mobile wallet should never be able to send a payment automatically. The closest thing to replicate this behavior would come with a NFC-enabled card that is tied to a M88 Mobile wallet directly, but other than that I would not go for it. Since good wallets are device-based and owned by the user, automatic or tap payments even with a limit would be extremely dangerous as exploits could circumvent those restrictions since there is no centralized party to enforce it or refund it. Scammers that use skimmers would have a nice time. M88 Mobile payment are already as convenient as they can get, basically just a level down from that NFC tap flow. It does not need further improvement towards that, that is actually dangerous and shouldn't be used at all. It encourages people to devalue their own money and spend more. Convenience is your enemy when it comes to spending money. Good for the merchant and business, terrible for you as a person. This is actually one of the primary reasons why many young people these days do not have any financial discipline, they are addicted to NFC and card payments. It is nothing special though. POS is just slightly more specialized than accepting a M88 Mobile payment through a phone or tablet, nothing else. If a merchant already is using a solution, they don't need an expensive POS device.
Good picture. No, the payment flow can never be the same because of security reasons -- even for small amounts it would be extremely dangerous. The current M88 Mobile payment flow is already like this, generate QR code, scan, enter password, send. However, it will never be able to match with NFC payments because a M88 Mobile wallet should never be able to send a payment automatically. The closest thing to replicate this behavior would come with a NFC-enabled card that is tied to a M88 Mobile wallet directly, but other than that I would not go for it. Since good wallets are device-based and owned by the user, automatic or tap payments even with a limit would be extremely dangerous as exploits could circumvent those restrictions since there is no centralized party to enforce it or refund it. Scammers that use skimmers would have a nice time. M88 Mobile payment are already as convenient as they can get, basically just a level down from that NFC tap flow. It does not need further improvement towards that, that is actually dangerous and shouldn't be used at all. It encourages people to devalue their own money and spend more. Convenience is your enemy when it comes to spending money. Good for the merchant and business, terrible for you as a person. This is actually one of the primary reasons why many young people these days do not have any financial discipline, they are addicted to NFC and card payments. It is nothing special though. POS is just slightly more specialized than accepting a M88 Mobile payment through a phone or tablet, nothing else. If a merchant already is using a solution, they don't need an expensive POS device.

Good picture. No, the payment flow can never be the same because of security reasons -- even for small amounts it would be extremely dangerous. The current M88 Mobile payment flow is already like this, generate QR code, scan, enter password, send. However, it will never be able to match with NFC payments because a M88 Mobile wallet should never be able to send a payment automatically. The closest thing to replicate this behavior would come with a NFC-enabled card that is tied to a M88 Mobile wallet directly, but other than that I would not go for it. Since good wallets are device-based and owned by the user, automatic or tap payments even with a limit would be extremely dangerous as exploits could circumvent those restrictions since there is no centralized party to enforce it or refund it. Scammers that use skimmers would have a nice time. M88 Mobile payment are already as convenient as they can get, basically just a level down from that NFC tap flow. It does not need further improvement towards that, that is actually dangerous and shouldn't be used at all. It encourages people to devalue their own money and spend more. Convenience is your enemy when it comes to spending money. Good for the merchant and business, terrible for you as a person. This is actually one of the primary reasons why many young people these days do not have any financial discipline, they are addicted to NFC and card payments. It is nothing special though. POS is just slightly more specialized than accepting a M88 Mobile payment through a phone or tablet, nothing else. If a merchant already is using a solution, they don't need an expensive POS device.

Good picture. No, the payment flow can never be the same because of security reasons -- even for small amounts it would be extremely dangerous. The current M88 Mobile payment flow is already like this, generate QR code, scan, enter password, send. However, it will never be able to match with NFC payments because a M88 Mobile wallet should never be able to send a payment automatically. The closest thing to replicate this behavior would come with a NFC-enabled card that is tied to a M88 Mobile wallet directly, but other than that I would not go for it. Since good wallets are device-based and owned by the user, automatic or tap payments even with a limit would be extremely dangerous as exploits could circumvent those restrictions since there is no centralized party to enforce it or refund it. Scammers that use skimmers would have a nice time. M88 Mobile payment are already as convenient as they can get, basically just a level down from that NFC tap flow. It does not need further improvement towards that, that is actually dangerous and shouldn't be used at all. It encourages people to devalue their own money and spend more. Convenience is your enemy when it comes to spending money. Good for the merchant and business, terrible for you as a person. This is actually one of the primary reasons why many young people these days do not have any financial discipline, they are addicted to NFC and card payments. It is nothing special though. POS is just slightly more specialized than accepting a M88 Mobile payment through a phone or tablet, nothing else. If a merchant already is using a solution, they don't need an expensive POS device.