It would be a serious issue for in person transactions like shops, supermarkets, gas stations, etc
Imagine Walmart or Costco or Chevron centralised payment services went down for 30+ mins. You would get a lot of lost sales from those who don’t carry enough cash to cover it otherwise. Maybe a retailer might have a zapzap machine but lots of cards aren’t imprinted these days so that’s a non starter too.
Not just lost sales. I've seen a Walmart lose all ability to do credit card sales and after about 5 minutes maybe 10% of people waiting just started leaving with their groceries in their cart and a middle finger raised to the security telling them to stop.
Imagine Walmart or Costco or Chevron centralised payment services went down for 30+ mins. You would get a lot of lost sales from those who don’t carry enough cash to cover it otherwise. Maybe a retailer might have a zapzap machine but lots of cards aren’t imprinted these days so that’s a non starter too.