Bitcoin Forum

How would you prefer to spend your crypto,

NFC mobile wallet or NFC Debit Card?


We at Euno or going to have both by end of year but i am wondering which will get used more.

And will people spend crypto or fiat?
I mean, is it a card like the ones already available where people convert from the app Bitcoin/crypto into fiat and the fiat will top up the actual pre-paid card?

I think that the NFC debit card will be more used, since not everybody have NFC at the phone, or prefer not to use phone's NFC.
But it also depends on the price of the actual plastic card ( + delivery ).

So for our mobile wallet and card it will automatically take the crypto and convert it to say USD, and there are a few routes that can be taken for this, the most reliable and cost effective way will win. Also its just an OTA update (PoS machine connected to network 24/7) ... same as a plugin/addon, no need of having to pitch individual merchants into "signing up" or creating a wallet for them, or needing them to purchase a proprietary additional PoS merchant system like some in development are doing.

And then that will be the role of your token? if you are saying that you are creating POS token and that means if will there a loyalty program in the future? Or something like dividend or staking in the network.

So we are not a ICO , we self fund our project, we have been live from june 2018 and have accomplished quite alot in that time, our mobile wallet will be ready end Q1





We will have ACID protocol we will implement (Adoption and Convergence Incentivized Distribution protocol) more info on that can be found here https://medium.com/@bankymoon/euno-coins-acid-protocol-adoption-and-convergence-incentivized-distribution-1946fdb93fb1 (https://medium.com/@bankymoon/euno-coins-acid-protocol-adoption-and-convergence-incentivized-distribution-1946fdb93fb1)

2018 all completed


https://i.imgur.com/oHRfRLu.jpg

I am very interested in how it will work and how the security of the cryptocurrency will be ensured. I have no idea yet, but I really want to know!

Actually pretty much everyone has a NFC on their phone because it exist since 2006 on phoes(back then it was added on a Nokia phone) and side 2012 on smartphones. Even though some companies have stopped adding NFC to the latest phones I still think over 90% of smartphone users have a NFC option on their phone.
Why would someone use a card when they can use their phone? I mean, you carry your phone everywhere you go so why would you also carry your card if you don't need it? In my opinion more people will use smartphone to pay with NFC then cards.

NFC debit card will be much easier to use and  will also protect unnecessary expose of your mobile phone to the outside world
Our phones carry another of info nowadays, I will prefer the use of card than mobile nfc

NFC debit card is much more likable

I prefer NFC debit card because it's easy to use, just like our credit card, the other reason is not all the people own a smartphone that support NFC function, include me, iPhone 5s don't support NFC  :'(, anyway with a cryptocurrency debit card, we can now walk into a store, cafe or restaurant and pay with our crypto assets, look good.

If me i will prefer both, because some mobile phone don't have NFC feature. And if want product to be used to a lot of people, we must reach all people no matter his condition. So for that 2 things, good to develop because all people can use it.

I personally prefer mobile phone to do things so I'd go with mobile+nfc, that way you do not have to pay for debit card charges as well (I think).

Both will be great for the user as we know that right now, almost all people have a mobile phone and they can access the internet easily. But I prefer to use a mobile phone because when it could integrate with the mobile phone, it will help me to pay directly with my phone.

But I don't think that most people in out there will prefer to use a mobile phone as they only recognize a card to make a payment and not much of them has used a mobile phone for making transaction.

I am sure if you can introduce your project to the public, they will be interested because some of the people are aware of technologies and they are following the development of the technology itself. So I think they will learn about your project and if they found that your project will give them benefit, I am sure that they will use mobile and card too.

It's all about how the function of the technology can make it easier and simply our life so we could take the benefits to get a better life.

With the choice you have given, I'll use both. Depending on what's more convenient to use, I'll use it more often. There are places that are limited to use your mobile wallets and in my place, few of them are doing it.

While having, debit cards you can simply withdraw it whenever you want to take cash as payment. There's more need for the establishments to adopt accept payments through mobile transfers because majority still prefer to have it through cash.

honestly so far I have been more interested in debit cards, not many of the ico projects that have successfully launched debit cards and the ones I like the most are monaco and fuzex.

Debit Card with NFC is more handy and safe for me. Smartphone might be hacked or have a technical problems, when you need to pay quick for something.

Although it's bigger than I expected, the percent is less than 90%. They hope to reach 85% by 2020 (https://thenextweb.com/contributors/2018/04/07/nfc-underdog-tech-set-explode-next-five-years/).
My phone has no NFC. In my previous phone NFC was always off to avoid draining the battery for nothing. I expect nowadays people still keep NFC off to squeeze more battery time.
However, again, the usage percents are higher than I expected.

Why carry the card when not needed? Really? How you pay when your phone is out of battery? How you pay if your phone got stolen (which in my country happens WAY more often than stealing the wallet)?

I don't deny the convenience of paying with phone. But we are not there yet. Not worldwide.

Most of us want the things that is easier and less hassle just like NFC Debit card I mean there will be some conflicts on using mobile wallet but it would be amazing to use both because sometimes it depends on the situation.

I like the debit card more. But the mobile wallet is much more convenient. So I give my vote for a mobile wallet.

Since you are asking about spending of crypto, I think I will go for the Debit card because it is more easier to make use of in any country then using just the mobile wallet. Crypto is not used in all countries to make purchase so even if you have the wallet, you will need to find a way to convert those funds to fiat in other to spend, but when making use of the card, you can just go to anywhere of your choice and make payment for purchase without converting to fiat.

Why choose if you can use both and I think we should consider respecting the opinion of people if they want to use just NFC mobile phones or debit cards because I think that the use of NFC phones will be complicated for some people (the non-technical ones,) and would consider using the most primitive or old payment method they had known for years, I'd say I sure love  to use both NFC phones and Credit or debit cards But there is a rumor that in the near future people will just use microchip install to their body to automatically pay and be paid well this is just in the testing side for now and we may know of this if it becomes successful.

Why the question if you'll have both?

Anyway, if it were up to me, I'd prefer to use mobile but having a debit card as a back up would be good as well.

I think NFC is too dangerous right now. I think the classic cards are more convenient and safe. However in the future NFC will be the key to payment transactions.

So you are basically promoting a project called euno and your question does not make much sense because if euno is a blockchain based project then you should know that almost all blockchain projects that deal with payments or financial services do provide or aim to provide both the wallet and card to provide better service to their customers so i will say that wallet is a basic function while card makes it more practical to use and spend crypto offline.

Crypto is best to use with our phones, it is basically much better and faster.
And i dont trust cards anymore like the way it is before. there are so many RFA scanners and many fraud has been done with cards.
I prefer to use my phone with QR code scanner.

I think a debit card would be better. There are more people using cards than people paying for purchases via NFC in the phone.

surely if we have to talk about the ecological aspect it would be better to use Nfc Mobile, not to contribute to the production of plastic cards and microchips that will contribute to global pollution, but it is also true that there are still very few activities in the world with payment adapted to mobile, while the nfc debit card is in every store or website in the world. So better to have the possibility to use both payment methods but if we have to choose the debit cards better

I think you can easily monitor your transaction using mobile wallet? You know, Debit card has no screen, and receipt is always easy to throw so, if we need our transaction history, we just need a bit of a swipe on our screen.

I will go with a mobile wallet so that I track my account and the current fiat equivalent of my spendings instead of using debit card and spending more than I would have liked to.

For me, both are fine I used both of the service with the existed service, in our local cucrrency. It should be a easily used by the people since that isn't a new technology. Many people has already used to that kind of technology.

I don't trust payment systems on the mobile phone. Maybe this is not very convenient. But I prefer to divide card and approvement by mobile phone. 

I would prefer the option of paying with a smartphone. Smartphone is a thing without which it is difficult to imagine a modern man, he is always with us and mobile NFC wallet will be a breakthrough for the spread and popularization of cryptocurrencies around the world.

I dont usually spend crypto , but when i do its FIAT  ;D I would preffer Card over Mobile device with my own designed logo / Picture on Card =] As i notice people starting to use mobile phones for paying in shops , like year ago there was not so many of them . Currently its like every 4-5 person pays with Phone if Pos terminal accepts it ofcourse

This questions answered PundiX.
You can pay with cryptocurrencies by PundiX card or by new XPhone everywhere where PundiX POS terminal will be. It would be up to you which method do you prefer.

Mobile NFC wallet would be much more convenient, but not for all people it is suitable, besides in some countries used to use QR-code. Therefore, NFC debit card will be a universal solution for everyone, it will not take much space and if it supports conversion to other currencies, it will become indispensable.

Both have their advantage over the other.
I would prefer using the debit card in purchasing of goods and mobile in paying for services.

I think NFC mobile wallets are more accessible than NFC debit cards. So I prefer to use NFC mobile wallet rather than NFC debit cards. But we know that not all smartphones have NFC features, so NFC debit cards are more useful under certain conditions.

I would prefer to use NFC debit card, it seems to me more convenient and safer than using NFC mobile wallet. The card can be taken with you on a trip, while the smartphone may not work abroad and this will cause some difficulties.

I prefer not to spend. Today, all my crypto purchase transactions are for future investment. I can choose the mobile option for future use.

Exactly I will choose Mobile NFC for crypto. And this concept already implemented with the project called Crypterium. As we know milenium generation are fast and mobile era. Almost all people in this year have a smartphone and have a NFC. Because flexibility is a must. And NFC mobile have it.

NFC cards account for large chunk of transactions in several countries including India, Hong Kong and Australia. In a network card (Visa\Mastercard) one of the advantage is that the issuers have recourse to the merchant. There are clawback mechanisms. In India, for example, because the legal system is not very efficient the focus is on preventing electronic frauds rather than developing a system for quick recourse. As a result they have multi-factor authentication which slows down transactions. For NFC transactions up to Rs 2000 the second factor has been waived. But the transaction volume is very low so the level of frauds in NFC vis-a-vis EMV cards cannot be compared. Well, just my two cents on this. Got to got now as I monitor my live trading (https://to.crwd.cr/z7G) session. Best of luck!

Our mobile wallet will actually do that, it will convert to fiat. So user uses Euno it will convert to fiat then shop owner will get fiat.Our mobile wallet will also have ACID Protocol, which will reward you in Euno back a bit like a credit card would.

I would prefer Mobile + NFC.

In last Months I try to use my Mobile paying with GooglePay and I am really surprised in how many shops it works. For me its faster to take the phone out from my pocket and pay with.

I guess the payment will not need an internet connection. If the phone will be stolen, no one can pay with it because it is locked and encrypted... NFC cards are not secured in that way, so they have to be locked using a phone service.

I also think most ppl knowing crypto have NFC phones compared to non crypto friends.

Make a poll for that!

I prefer both but my most preferred is using card because the card will allows for usage where ever and how ever but the mobile wallet may encounter one or two difficulties in the cause of carrying out transactions such as bad internet connection and the rest of other network issues.

That's great and i think they are doing a great job, but with Euno the shop doesn't need to have any special POS terminal it will be a OTA update on the system they already have and all shops with POS systems will be able to accept our nfc mobile transactions.

No need for QR codes just the NFC already on your phone

Well sounds completely sensible to me, but always good to have that back up, that if anything happened to your bank or what ever you could turn to a crypto card or mobile wallet.

I will prefer to use NFC since I just have to bring my phone for the payment. However, I notice that there are not many merchants accepting NFC in my country. So, I will opt for both the debit card and NFC.

I've been dreaming about a cryptocurrency debit card for a long time. ON which it would be possible to buy goods in the store and on the Internet. I think this can be done if this operation is coordinated with the state apparatus.

Maybe both of them can be used according to those they want, I myself prefer to use an NFC cellphone wallet that is more comfortable than others in my opinion.

The main question in this is how much the card is going to cost and what will be the cost for the card usage.
If it seems to be more expensive than making use of the mobile wallet (mobile are very cheap, that I’m sure of) then there wouldn’t be much people opting for card usage. I have always known these cards to be expensive, but let’s see how it’s going to be in this one.

more than 80% of people around the world cannot escape from their mobile phones. while the card, someone can forget and not be available quickly for transactions. I prefer mobile phones.faster, practical, and always in my hands.

Many people do really put a lot of time in using their mobile phones instead of doing some other things and today you can do everything you want on mobile phones, so i think it is more better for sending and accepting transactions in phones instead of using cards.

Cards are more handy than phones. But i prefer for mobile wallets because people nowadays commonly have their phones in their pocket instead of debit cards, so if you need to buy some important items you only just need to open your phone for transactions.

I prefer mobile phone because I carry it with me all the time, unlike cards.
But on the other hand when you loose phone, you loose your money.

I love both. and debit cards are definitely more practical and easy to use. the problem is whether it is possible to be realized?. many projects want to issue debit cards but until now no one can use them

I am always using mobile phone to pay with my credit card  :D. NFS technologies are awesome and you do not need to have anything but your phone to pay. Hope some cryptos will make a competitive solution to Apple Pay.

Yes you’re right , I think it is best to opt for both of them, though that would be if you can deal with the cards cost. Mobile seem to be pretty much better if it would be accepted in lots of places , you can just scan and make quick payments. If not, then card is the better option where there isn’t a lot of stores accepting it.

I do not see any barriers to using these two methods of payment. Phone pay for me is much faster and more pleasant. However, to enable such a function, you must necessarily have a card.

probably both are useful in different situation so my opinion is taking it up to the next level will be the way to get develop aunty full will getting different ideas to make their life more useful while using this type of ways in cryptocurrency field.

In my own point of view it is more accessible  if you will prefer using NFC wallet since you can use it with online transaction and with more convenient way. It is still depends on your way of using it. What do you usually transact with? If it is more on online transactions them definitely choose wallet but if you are more into retail or physical purchase then prefer using NFC debit card.

Me be more comfortable using the card. This is a more common form of payment for many people and I think that almost everyone will agree with this option.

In NFC debit card you mean cards with support contactless payments, yeah? Btw if card is already NFC, you can create special app and let customers to add this card in their phone and with phones which have support of NFC will br able to pay with it just like card through special app. Also not only smartphone but nowdays NFC payments by smartwatches like fitbit versa and etc are becoming popular. So in reality we don't have to make choice, you can give NFC debit card and open access to all other gates.

That also mean the best thing to choose is debit card right? Since it will open all the possibility to other method.
I also have always been a fan of debit card that i usually collect those with sole purpose of hobby and nothing more I would definitely choose debit over mobile app

I know personally i would definitely use my mobile more, but i often run out of battery, even tho P20 Pro has pretty decent battery, so for instances like this or shop not having POS terminal which is common for a lot of shops here stilll, I would need a Card for this situation so i would need both i would just have mobile as top preference.

For a long time, people have been waiting for the implementation of such projects, but due to a fairly strong regulation, developers are not able to enter the global market. I hope that in 2019 we will see something similar.

Wouldn't people prefer NFC mobile wallets by default? You know, people carry their phones with them every time, so why not integrate the whole card system to the phone? It would also help people to keep their funds secured if they carry it on a phone instead of keeping a card in the wallet. More security and easy to use. I don't see any bad side of having an NFC mobile wallet.

At the moment, I prefer the NFC debit card, but I am sure that soon the NFC mobile wallet will take the full place of the debit card. But in modern realities debit card is still more relevant.

I think the debit card will be used more since not everyone has NFC in the phone. But personally I will vote for phone.

Mobile wallet and debit card both were good and it is a must in the growing cryptocurrency network. If it is card, surely it'll be levied with increased transaction fee, the same with mobile wallet gets lot of access and gets limited transaction fee. Upon that I go with mobile wallet as preferred by the above mate.

I like cards more than mobile because it is better and not difficult to stay swiped or ditap if you use mobile you have to log in or else so, I think using a card is easier and simpler and many people will like it, but if it's mobile it's okay - what many people who use it now are especially those who don't want to be complicated.

For me, both were fine those 2 has the abbility to makes any payment easier.
I had ever done those 2 things using any existing payment system.

Through mobile will be more convenient because the valuable currencies are available in that format to spend only the tokens coming in the different format to spend but sadly they are not getting any real value in long term.

I don't see why both options can't be used. I have a feeling credit or debit cards aren't going anywhere any time soon, so a card backed by crypto intrigues me. Both a mobile wallet and a physical card can be linked to the same account. Then again, technology can be somewhat unpredictable, so maybe one of these will lose and eventually become obsolete.

For me, I think I would prefer the NFC Debit Card over the other because through this medium I should be able to wire funds out and also cash out with the ATM machine (fiat) to spend physical money.

I think both is better to have at hand, so that whichever one is convenient to use at a particular time can be used, what if you need to make a transaction in the absence of phone or you do a job that requires you travelling out a lot and not everywhere you go you have internet coverage to be able to access your mobile wallet while Means of POS is available.

Using the normal FIAT operation as an example, I have my mobile wallet while at the same time have my debit card, my mobile wallet disappointed me today as a result of poor network service when I needed it urgently, I had to rush out to go make use of my debit card.

Most likely I would choose a card. But this is only my subjective opinion, which depends only on my situation. Maybe you should very seriously think about this choice more than me.

We have thought about it long and hard i assure you :) That is why both will be implemented by our team, but it is very interesting reading all the responses and hearing everyone's personal preferences!

You can also subscribe to our Director Of Operations Patrick's YouTube Channel where you will find important updates and more information on Euno's development of mobile wallet and other updates.

https://www.youtube.com/channel/UCaCOJoibfnHBrOXhS_0FXCg/videos

Well, not everyone uses a mobile that can take applications, so it will be better to have an NFC debit card just like the way we hold our normal FIAT which is virtually accessible by everyone and easy to carry about.

Though NFC mobile wallet might be easier to use and easily recovered than debit card, you know anything debit card requires lots of processes to acquire than a mobile debit card, so both of them have their own advantage and disadvantage, in a case like this, it is better to have the 2 in place.

I prefer using my debit card because it's easy to transact in our traditional shops. Mobile wallet will do but here in my country, it is seldom used because people are not that familiar of using mobile wallets.

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I prefer both the debit card and the mobile wallet because both of them are good for easy transaction and both of them can be used for transaction in shopping malls and online stores. But debit card is more handy and less hastle unlike mobile wallet it takes a lot of process before you purchase.

I think that the NFC card will be used much more often because it is easier, but using the phone is safer. I would prefer to have both options and use each depending on the situation.

Phone wallet would be more useful. The phone is already in our pocket every day, and paying with it is better than having another extra card. But, both would surely be more beneficial.

We prefer to use a Mobile wallet, this is easier to do transactions than using an NFC card. Apart from that we can control the wallet at any time, because the system continues online.

Chicken or fish? What do you like to eat more?
Your question also sounds silly. Everyone prefers what he loves. Someone more convenient to pay with a plastic card, someone uses cash, other people have a mobile phone.
The more payment methods you add, the better.

of course choosing is easy to do, many of them have different choices because their tastes are also different so sometimes there are disputes.
if I myself might choose a Mobile wallet because as you say it's easy to make transactions, actually NFC cartoons also have other advantages but their names also feel so it depends on someone who prefers  where.

if available, I would prefer to use NFC to be used on a debit card because it seems interesting and hopes it has been integrated with fiat withdrawals

I'd prefer a debit card. It's very familiar to me. But I think many would prefer to use a mobile phone because it is also starting to gain popularity.