that Gemini now has a credit card that offers up to 3% reward in crypto, similar to Coinbase card which can offer 4% reward. How can Flexa incentivize consumers to use their digital wallets rather than credit/debit cards? I understand how Flexa can add tons of value from merchants standpoint, but I wonder how Flexa can change consumers’ spending preferences/habit as well while they are getting these attractive rewards from the traditional payment cards.
Correct me if I am wrong but i also feel like it also takes longer time for a consumer to pay with a digital wallet, for example i would need to unlock my phone, open an app, and scan the QR code, whereas if I use a card I can just tap it and be done with it, which seems easier and more convenient.
Have you tried it yet? It’s a quicker transaction than when i use a card for me :)
1. U have to look for which card to use in ur physical wallet, 2. U have to enter pin 3. Select amount ok or not, and 4. Signature. 1. Unlock ur phone ( most of the times, its millisexonds) 2. Go to flexa app 3. Search for store 4. Pay Which is easy my friend?
Maybe I’m just clumsy with my phone lol. The experience so far is that I have to take more steps before I can make a payment using a QR code, whereas if I use a card, I can just tap it and go and be done in 3 seconds.
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