Costco to Stop Accepting American Express in Canada

The video discusses Costco's decision to stop accepting Amex, highlighting the shift towards a credit cardless world. It explores the future of payments, emphasizing mobile payments and the rise of Fintech. The conversation touches on the persistence of credit card services due to consumer behavior and security concerns. Innovations in payment technology, such as Coin and compatibility issues with Apple Pay, are also discussed.

What recent announcement was made regarding credit card acceptance at Costco stores?

What are some potential future trends in payment methods mentioned in the text?

How do consumers typically respond to changes in payment behavior according to the discussion?

What is the significance of the application or device called Coin mentioned in the text?

What challenges does Square face in developing compatibility with Apple Pay?