Yes, except for the PoS which needs an app, but that is to be expected.
Discussion
yep yep exactly.
when you said "card to card" I wondered if you meant "on the sidewalk, outside the shop", but I get what you mean now. just making sure, thanks.
card to card would require one person to have an app as an intermediary, but yes.
With iOS app clips you wouldn’t even need to install it! Just tap and it’ll load the app clip to transact
Android has a similar feature as well but you can’t read NFC tags
In the app clips feature, I mean. So you’d need to install
Note: Consider that you are now a money transmitter (account-based is clear cut on this, you are. mints are a gray area)
This is another reason to use a mint ;)
Possible, just forget backwards compatibility with Boltcard. But that is less secure and less capable as well and you don’t need it for a ground up system
yep, don't care about boltcards now. Goals are only:
0. avoid CC fees
1. customers don't need to understand anything, just use tap to pay
2. customers get $-stable, $-denominated prices
3. merchants will take on more infra work wrt PoS and slightly more understanding
Also if you want keyset rotation, you would need to have people tap and use cards every few months.
Otherwise they would expire due to inactivity