News for hackers. Stuff that matters.
Re:FedNow FAQ by cuteboy19 on Thursday August 18, 2022 @03:31PM (#32513865)
> universal NFC pay as rightly superior to QR codes

Why though? You can print out QRs and send them around digitally. No extra tech is needed to handle QRs. Why is NFC better?

Re:FedNow FAQ by wizofaus on Thursday August 18, 2022 @03:36PM (#32513928)
Does anyone seriously think QR codes will still be around in 10 years? They always struck me as clunky. They often don't work, require holding your phone in awkward positions for uncomfortably long periods of time and in many circumstances (e.g. a cashier wishing to expose a dynamically generated QR code to a customer) aren't practical. It's only because we haven't come up with cheap/reliable alternatives that all manufacturers agree to support that they're still in use.
Re:FedNow FAQ by cuteboy19 on Thursday August 18, 2022 @03:46PM (#32514042)
Oh I understand now. It's the fault of the implementation of the QR reader that you use.

For example all UPI apps have near instant qr recognition at any angle. In fact on my phone, it takes longer for the camera to start than for the QR recognition to finish.

I also think there are a lot of things that QRs can do but NFC cannot. But the opposite is not true

Re:FedNow FAQ by wizofaus on Thursday August 18, 2022 @03:52PM (#32514105)
Currently, yes. But in principle NFC or alternatives (that could be cheaply/ instantly generated anywhere, including by non-digital physical objects like pieces of paper) should be better and I'm willing to bet will be in the foreseeable future.
Re:FedNow FAQ by eric4smith on Thursday August 18, 2022 @11:00PM (#32517215)
NFC is also used in south east Asia. Not just QR code.
Re:FedNow FAQ by RC_ITR on Saturday August 20, 2022 @08:51PM (#32536436)
Because at every pos in existence, I have the option of using my phone, my watch, or a card.

I am not exclusively tied to any of those devices (or their camera, which is a relative weakpoint in a smartphone).

I am also able to trust that the payment medium is so complex that there's a very low chance of phishing (i.e. pretty easy to print out a QR code to a malicious domain, hard to do that over ApplePay).