One of the many places where widespread deployment of great general purpose hard... | by Patrick McKenzie

Patrick McKenzie

@patio11

2 months ago

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One of the many places where widespread deployment of great general purpose hardware (smartphones) is enabling software to deliver experiences which previously required specialized hardware (card readers). t.co/q9igJyKAHo

This probably reads as most interesting for casual commerce, because card readers historically imply a degree of organizational infrastructure that the smallest firms don’t have, but I suspect over the long term it actually gets used more for intrinsically mobile transactions.

For example, any sort of service provider who physically visits a customer should be able to capture payment on the same app that they use to record the fact of work being done, without needing a dedicated tool to do so.

It’s downright silly that that has often required either instant payment via cash/check or, even worse, “We’ll send you a bill and both deal with all the headaches that implies, which are now implicitly baked into the rate that we need to charge for our service.”

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