Colin Johnson 💭 on Warpcast

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Colin Johnson 💭 pfp

Colin Johnson 💭

How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this. Face ID -> NFC Tap -> Xfer USDC 2.75% saved for small merchants. Goodbye Visa. Goodbye networks. https://9to5mac.com/2024/08/14/apple-nfc-chip-iphone-ios-18-1/

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Erik pfp

will definitely use this side benefit is knowing we can swap instant and on tap pay let’s us keep more assets onchain even if not paying w them right away, easier access to opportunities

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Just Build pfp

Give it a minute my brother. The game just changed. 👊 😁

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matticus.evav.eth ⌐◨-◨ pfp

matticus.evav.eth ⌐◨-◨

Apple fan boy here, and I'm not too stoked on this after seeing apple increasing fees on patreon. Apple is in a weird position to increase profits with no new schemes except increasing fees on existing platform. Thumbs down.

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David Furlong pfp

the merchant pays the fees, but the customer chooses the payment method (which comes with fees). I don’t see customers changing their payment methods to save merchants fees. The country that has it figured out is australia: they charge the customer the fee and each merchant lists the fees per payment method

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Dan Romero pfp

Consumers get 1-3% cash back when they use a credit card. And chargeback protection.

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Speakup 🎩🔮 🪔 pfp

Speakup 🎩🔮 🪔

Facts.. How are you? Fundraising? Ponder is looking great. 200 $DEGEN I nominate @buildbot @cojo.eth for @ponder

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Dan Romero pfp

Apple will charge fees to use it.

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links 🏴 pfp

> Goodbye Visa I mean…merchants adopt payment methods that their customers want to transact with, and even saving the interchange (which is below 2.75%), many MANY customers will still prefer using Visa. If the only benefit is saving a few bucks (cents?), it’s not really worth it for customers IMHO. If it’s anonymous I could see it being more useful.

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Dvyne pfp

We love to see it👏🏾

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maks pfp

Because ultimately the merchant will save somewhere from 0.50% to 1.50% after finding parity with credit card rewards, which is nice, but requires a drop in solution, not new hardware, plus software to handle the reconciliation, tax and tip outs.

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Manuel pfp

@manuelmaccou.eth

The fees for this wouldn’t allow us to take advantage of the cheap transactions crypto allows for, but it significantly increases the level of access for devs, consumers, everyone. I’m definitely looking at this for Gogh

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theSPY007 🎩 pfp

/daimo be like ahh this is scary! 😳 But also a great opportunity @dcposch.eth! Please look if any option for daimo to work with this!

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Rafaello.base.eth pfp

Rafaello.base.eth

They are cooking 🤩

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alsrit pfp

@allgoodnoworries.eth

Very unlikely, given that Square is actively building on the Lightning Network. Jack is a BTC maxi through and through. I do think he’s working on innovating something on-chain; however, I don’t think it will involve USDC or base.

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Asef pfp

This would be game changing!

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arob.base.eth🍖🎩 pfp

arob.base.eth🍖🎩

Great building block for devs to use. USDC transfers on Base are the future (and currently gassless via Coinbase wallet).

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Archilles ༄ pfp

This is amazing tbh Love it

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Hogan Prison no 619 pfp

Hogan Prison no 619

@hoganthereformed

What’s NFC tap? But this is great news although I think they were forced to do this right ?

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