@raymaccarthy @max @quixoticgeek well, yes and no.
One can do #pinless #NFC transactions but:
- not only are these limited to €20-50 per transaction & €50-100 per day,
- plus unlike #PIN-based payments there's no "payment guarantee" through the payment processor and
- doing so is basically #WireFraud and would get offenders jailed, as even cheap providers like #SumUp do #KYC (even if they don't do #KYB)
- and require a matching bank account for it.
The math says no, because it's more profitable for #OrganizedCrime to do classic #deetsing and #MoneyLaundering instead which promise hier ROI at less work.
