The Verge’s Dante D’Orazio on the news that some merchants are shutting off NFC to try to protect the market for their own system:

The app, when it launches next year, won’t replace your plastic credit card. Instead, it will withdraw directly from your checking account when you pay at the cash register with a QR code displayed on your Android or iOS device.

So… ha. Instead of paying with a credit card using an obfuscated token process I’m going to give retailers my checking account information and trust that it won’t get hacked?

Right. I would say “good luck with that” but it’s become a cliché and I don’t, in fact, wish them good luck with that. I hope and predict that they will fall flat on their faces. I have no love of the major credit card banks, in fact it pains me to have to use my Bank of America card for Apple Pay right now (my credit union isn’t a partner yet), but there is no way in hell I’m trusting K-Mart and Best Buy with my checking account information.