It's selling eight times faster than the Nothing Phone (2a). Nothing unveiled the CMF Phone 1 this past Monday, and the phone went on sale earlier today....
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281Y

☹️ no nfc

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91Y

Yeah this surprised me. Is NFC payment not common in India?

The Liver
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51Y

Nah, india has UPI which uses QR codes.

sunzu
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01Y

Isnt it free and very good?

Think of it more is visa master card discover bank of America?

The Liver
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31Y

Yep.

sunzu
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31Y

As in “free” payment processing system deployed and maintained by the Indian government?

The Liver
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21Y

Why the quotes? It is free. Except for the money that you transfer. That is deducted from the bank account, obviously.

sunzu
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21Y

Taxpayers still pay for it, but it is free at the point of sale or transaction.

It is great system tho as far as my understanding how it was done. In us, the rate is 3-4% on credit transaction which dominat payment system for point of sale. Shit is taxing.

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11Y

The real question is why do people in the US use credit cards instead of debit cards like everyone else?

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71Y

Madness!

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-11Y

Why?

Even a low-end phone comes with a good enough camera for QR which means wider adoption, you need a higher tier phone for NFC.

We have a similar system in my country and I believe we copy it from India, it works and is convenient.

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51Y

Why

Because 0 security

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11Y

Lol what?

The Liver
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11Y

What? Payments are obviously going to be secure.

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21Y

QR codes cannot contain enough data to put cryptographic keys.

The Liver
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11Y

Okay? QR codes are displayed publicly. They display the unique ID of the merchant. That’s all. The payment happens over the internet which is encrypted.

xor
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151Y

Or wireless charging, bit embarrassing in the good year of our lord 2024

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11Y

Holy shit that is a dealbreaker. All I do is wireless charging

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21Y

I guess it’s main target is India where there is almost no need for nfc. Everything is paid through qr code here.

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11Y

What is nfc?

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51Y

Near field communication - it’s an antenna that sits inside the back case and let’s your phone interact with payment terminals and the like that support it.

You can add your tap and pay card to your phone and tap your phone instead.

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-51Y

… you could just put your card on the back of the phone too

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81Y

The phone can support multiple cards, eg credit cards and transit. Those readers usually won’t work if you stack two cards together.

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41Y

And biometric pin

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-11Y

NFC payments are more secure than card payments.

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81Y

I remember almost a decade ago, the Oneplus 2 not having it was a major downside. I can’t believe we are still doing this song and dance.

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