Wednesday, February 28, 2018

Only for a while

PARTNER NEWS: Banks can now use a service from NFC payments specialist Dejamobile to let new customers open a bank account, confirm their identity using approved Know Your Customer (KYC) procedures, request and receive an NFC bank card and begin making mobile payments — all from their smartphone and in under five minutes.The service can be deployed today in any country that has an online KYC provider and an issuing processor able to handle instant issuance, Dejamobile CEO Houssem Assadi told NFC World.

And this approach results in bearer cash because one can robotically exchange assets via  power  of attorney and the 22 year old told us how bearer cash works.

So the fiat bankers will immediately ask for the same privileges. The Elon Musk period of free government subsidies are gone, little browns too poor to pay.

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