A Digital Wallet That Works Everywhere | Forbes

Two new devices from a start-up called Loop let you use your phone to pay for purchases at almost any retail location that takes credit cards.


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[GodsTattler]

I don't see the advantages of this product. Instead of carrying your creditcard with you, now you need to take that Loop thing with you. Integrate the Loop device within the mobile phone or have a card that contains all your cards. 

[WillOberleitner]

The "tricking the credit card reader" part is a little scary, and hard to believe it works every time. Hard to understand why this is better then just carrying a card...

[tommax-br]

Thank you for your explanation! Can you help me with something unrelated? I have a SafePal wallet with USDT in it, and I have the recovery board. (use venue similar dolphin love obtain tool habit flavor repeat rifle hawk). Will I transfer them to Binance?

[BDscenes]

Credit cards, and things that replicate them are a thing of the past. They are much too insecure/pass too much information. Crypto currencies are far more secure, offer no charge backs for merchants, and are quick to process transactions.