Thursday, March 9, 2017

Transaction incentives are discount coins

And transactions that use them are multi currency payments. Hence, this becomes a default capability in the sandbox. Hardware wallet vendors  get this, consumers love this. It provides a pricing surface for self-generated inventory volatility generated in the supply chain (retailers can price over and under stock).  Economists call this the optimum currency zone idea, but the sandbox generalizes to general 'spacers' , liked the closed space that makes the Walmart container algebra work.

Offers increase US mobile payment transaction frequency in stores by 50%By Rian Boden  8 March 2017
 Transaction-based incentives are driving the use of mobile payments both in-store and in-app across the US, research from Auriemma Consulting Group (ACG) shows, with those who received an incentive to use mobile payments in-store over a one-week period doing so 4.6 times compared to 3.1 times for those not offered an incentive. 
 Auriemma Consulting GroupSome 25% of US consumers are now using mobile payments both in-store and in-app and, of these consumers, with 86% of consumers who recall being offered a mobile payment incentive are now going on to claim the offer at the point of sale.
The various colors of the coinage in the sandbox have S&L buffers that keep the coin and its space  'tuned', they play together.  h

The multi-coin transaction starts with the most significant coin, the tax dollar, making the default case a single currency direct trade. Otherwise order currency by significance. If the wallets do price negotiation, call me for a secret meeting on how that works.. There is some secret sharing of your personal distribution with the pit. It is  another level of excluding humans from decisions.

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