Payment Cards
topic on 2 shows · 4 statements across 3 episodes
the Neon Show
the a16z Podcast
4 statements about Payment Cards, every show
Khalaf: Payment cards have wider reach than Google, Facebook, and clean water
“Because if you think about a payment card, it's the most adopted technological product ever invented. More distribution than Google and Facebook combined. More distribution than clean water. And it's still a piece of plastic for many.”
Khalaf: Average US adults use payment cards more daily than TikTok
“I'll give you a stat. So right now the most addictive product, well, according to the Senate and the Congress, right, is, ah, TikTok. And if you look at its usage, adjusted for the U.S. Population reach, adult population, is 2.1 times a day. But a payment card…”
Sambhav Jain: Physical payment cards do not need printed card numbers
“So we're like, can we remove this? And because anyway, when I'm transacting online with the physical card, I don't need numbers. I just need my pin. I'm swiping the card and for shopping online, I just need the numbers. So we can push the numbers on the app th…”
Evans says software-provisioned mobile cards reshape financial services distribution
“If I've got a payment card on my phone in software that can be provisioned in software immediately, that changes almost everything about the kind of the whole go to market of how you do financial services. And yes, I can put my Chase card or my Amex card into …”