This question of the extinction of the payment card is misleading.
What is a payment card? It is the carrier of a set of credentials, A means of Identification offering financial Attributes capable of being authenticated by a party seeking to sell something to the individual or entity presenting the credential as a mechanism to assure payment. ... More
Payments consultant, business analyst and product manager
4yI agree that a card is a set of credentials, but I don't agree NFC leads to cards becoming obsolete. A card requires no battery, unlike a phone. Similarly a card is only used for one thing, unlike a phone, making a cyber attack on a card more difficult. I can see a change of form factor in time and other changes but a single-use piece of plastic has a future for now.
I Help Launch / Grow Cos ✧ Mentor & Board ✧ STEM ✧ Inventor in Identity, Fintech & Martech ✧ Tech Ethics SME ✧ Patriot ✧
4yGood backgrounder. I’m sharing it.