Because cameras are cheap, ubiquitous, and pretty much just as fast.
If you rely on NFC, then on Apple devices you need Apple's blessing - and for financial transactions that means Apple Pay only, you don't get access to install applications in the secure element of the NFC chip in the phone.
eg my bank installed a virtual contactless Visa/Mastercard on my Android device that worked with everything long before Google/Android Pay was a thing, and without Google getting a slice of the transaction.
Transit systems can install their own virtual transit card on Android too.
Comments
Because cameras are cheap, ubiquitous, and pretty much just as fast.
If you rely on NFC, then on Apple devices you need Apple's blessing - and for financial transactions that means Apple Pay only, you don't get access to install applications in the secure element of the NFC chip in the phone.
eg my bank installed a virtual contactless Visa/Mastercard on my Android device that worked with everything long before Google/Android Pay was a thing, and without Google getting a slice of the transaction. Transit systems can install their own virtual transit card on Android too.
Not just as fast, significantly slower. I double tap my watch and then move it near the payment terminal. Then I walk out.
With wechat I have to pull out my phone, unlock it, open the app, navigate to the payments part and open the camera, point it at the QR code.
What’s the relevance of Apple here? What’s to stop Android doing this with wearables? We’re taking about NFC not a particular brand of phone.