Originally Posted by
johnomaz
I have no plan on using it because if you happen to lose your phone, the battery dies or it breaks, you are out of luck. You may have the actual plastic cards at home somewhere, but if they are at home and your phone gets stolen at a bar, you're out of luck. I'm not talking about the thief spending your money, but you no longer have a means to pay for anything. There are times where my phone will randomly eat through its battery in a few hours when normally I can have it on for 15 hours of use and have 30% when I go to bed. Also, very few places take the NFC payment methods. Also, what is the big deal with using NFC anyways? I forget the credit card company that put an NFC chip in their cards so you could tap and not swipe it and it never caught on. Now I have to get my phone out, unlock it, open the app, hope your data connection is good and then tap your phone. Or I could get my wallet out and swipe my card.
I just don't see it as an easier or more efficient method of payment. I see it as a novelty, a conversation starter for your inner nerd. I get this is just my opinion, but checks came out because cash was inconvenient. Imagine carrying $5000 to BestBuy to buy something. A check was easier. Now, credit cards/debit cards came out because personal checks took forever in lines. I think using your phone is a step backwards in efficiency. I'd rather have a single card that has a flexible display on it (hurry up Samsung) where you could touch which account you want to use and either tap it via NFC or swipe it. No having to log in, nothing. Use a finger print reader so it knows its you before the purchase and use wireless charging tech at home to charge it. But even that would have draw backs.