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Comment by mitxela

2 hours ago

Other countries solved this by doing payments in ways that fraudsters can't simulate, such as a cryptographic handshake with a chip on the card.

This doesn't help with payments which take place without a card present, such as online and phone payments, which make up a large (and growing) proportion of transactions.

  • QR codes go brrr with pretty much anything ftom ideal to domestic payment rails in each SEA country.