--- title: "Meaning & Key Takeaway of: New mobile-payment-based models are, in…" description: "\"New mobile-payment-based models are, in some ways, more secure. Because in a model like Circle's, for example, we never transmit your personal informat..." image: "https://sms4smile.com/quotes/i/05f/jeremy-allaire-21684_circle_new-mobile-payment-based-models-are-in-s_2298570.jpg" --- # New mobile-payment-based models are, in some ways, more… ![“New mobile-payment-based models are, in some ways, more secure. Because in a model like Circle's, for example, we never transmit your personal information or your financial credentials to the people you're paying.” quote by Jeremy Allaire](https://sms4smile.com/quotes/i/05f/jeremy-allaire-21684_circle_new-mobile-payment-based-models-are-in-s_2298570.jpg) [Download](https://sms4smile.com/quotes/i/05f/jeremy-allaire-21684_circle_new-mobile-payment-based-models-are-in-s_2298570.jpg) [Open image](https://sms4smile.com/quotes/i/05f/jeremy-allaire-21684_circle_new-mobile-payment-based-models-are-in-s_2298570.jpg) > “New mobile-payment-based models are, in some ways, more secure. Because in a model like Circle's, for example, we never transmit your personal information or your financial credentials to the people you're paying.” [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Secure payment models reduce data exposure by keeping personal info off the transaction path. **In simple terms:** Secure payments keep your data private. Key Takeaway Choose payment methods that protect your credentials. Themes security privacy technology finance Mood cautious analytical Type informative technical When to use this quote - online shopping - peer‑to‑peer transfers - e‑commerce platforms - mobile apps Key Concepts data minimization trustless transactions risk mitigation Questions to Reflect On - How does data minimization affect fraud risk? - What trade‑offs exist between convenience and security? A Different Perspective If the platform is compromised, other vulnerabilities may arise. ★ ★ ★ ★ ★ No ratings yet [Circle](https://sms4smile.com/quotes/about/circle/) [Information](https://sms4smile.com/quotes/about/information/) [Mobile Payment](https://sms4smile.com/quotes/about/mobile-payment-5428306/) [Never](https://sms4smile.com/quotes/about/never/) [New](https://sms4smile.com/quotes/about/new/) [New Mobile](https://sms4smile.com/quotes/about/new-mobile-5428309/) [Payment Based](https://sms4smile.com/quotes/about/payment-based-5428308/) [People](https://sms4smile.com/quotes/about/people/) [Personal information](https://sms4smile.com/quotes/about/personal-information/) [Secure](https://sms4smile.com/quotes/about/secure/) [Secure Model](https://sms4smile.com/quotes/about/secure-model-5428307/) ## Related quotes > [We'd love to see a world where Venmo added support on the blockchain, then a Circle customer could pay a Venmo customer using their…](https://sms4smile.com/quotes/jeremy-allaire/we-d-love-to-see-a-world-where-venmo-added-support-on-the-blockchain/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Americans have a right to the security of their personal information, and the entities that hold personal information have a responsibility to protect it.](https://sms4smile.com/quotes/jan-schakowsky/americans-have-a-right-to-the-security-of-their-personal-information/) [Jan Schakowsky](https://sms4smile.com/quotes/author/jan-schakowsky/) > [The protection of personal information stored on our nation's computer systems is critical to public trust in those networks and to the health of…](https://sms4smile.com/quotes/christopher-wray/the-protection-of-personal-information-stored-on-our-nation-s/) [Christopher Wray](https://sms4smile.com/quotes/author/christopher-wray/) > [“In 2001, a teenager was arrested in Pennsylvania for daytime burglary. The teenager had broken into a local home, by climbing in through a…](https://sms4smile.com/quotes/jeffrey-fisher/in-2001-a-teenager-was-arrested-in-pennsylvania-for-daytime-burglary/) [Jeffrey Fisher](https://sms4smile.com/quotes/author/jeffrey-fisher/) > [To be sure, anonymity online has it uses and is very important. Governments hoover up people's telephone and e-mail records without oversight, and companies…](https://sms4smile.com/quotes/wil-wheaton/to-be-sure-anonymity-online-has-it-uses-and-is-very-important/) [Wil Wheaton](https://sms4smile.com/quotes/author/wil-wheaton/) > [“the NSA databases “store information about your political views, your medical history, your intimate relationships and your activities online.” The agency claims this personal…](https://sms4smile.com/quotes/glenn-greenwald/the-nsa-databases-store-information-about-your-political-views-your/) [Glenn Greenwald](https://sms4smile.com/quotes/author/glenn-greenwald/) > [“There really isn't a good way to tell a relative stranger that you think dead people are trying to tell you something. It's personal…](https://sms4smile.com/quotes/eileen-cook/there-really-isn-t-a-good-way-to-tell-a-relative-stranger-that-you/) [Eileen Cook](https://sms4smile.com/quotes/author/eileen-cook/) > [As we all become increasingly reliant on social networking websites and new technologies to stay connected, it's important to remain cognizant of how private…](https://sms4smile.com/quotes/michael-bennet/as-we-all-become-increasingly-reliant-on-social-networking-websites/) [Michael Bennet](https://sms4smile.com/quotes/author/michael-bennet/) > [The federal government has an exceptionally poor record of behaving responsibly with Americans' personal information when entrusted with it.](https://sms4smile.com/quotes/jared-polis/the-federal-government-has-an-exceptionally-poor-record-of-behaving/) [Jared Polis](https://sms4smile.com/quotes/author/jared-polis/) > [Just mention the idea of warrantless wiretaps and expect to get hit up with a congressional investigation. But give somebody an avatar and a…](https://sms4smile.com/quotes/john-ridley/just-mention-the-idea-of-warrantless-wiretaps-and-expect-to-get-hit/) [John Ridley](https://sms4smile.com/quotes/author/john-ridley/) > [“We're an information economy. They teach you that in school. What they don't tell you is that it's impossible to move, to live, to…](https://sms4smile.com/quotes/william-gibson/we-re-an-information-economy-they-teach-you-that-in-school-what-they/) [William Gibson](https://sms4smile.com/quotes/author/william-gibson/) > [I want an autobiography without revealing any personal information.](https://sms4smile.com/quotes/diana-ross/i-want-an-autobiography-without-revealing-any-personal-information/) [Diana Ross](https://sms4smile.com/quotes/author/diana-ross/) > [I like the fact that a lot of people get to hear the music and I love performing with people cheering you on and…](https://sms4smile.com/quotes/tove-lo/i-like-the-fact-that-a-lot-of-people-get-to-hear-the-music-and-i-love/) [Tove Lo](https://sms4smile.com/quotes/author/tove-lo/) > [“Unfortunately, by this time it didn't matter. Self-diagnosed autistics and fakers were asking diagnosed autistics whether or not they had a diagnosis, and if…](https://sms4smile.com/quotes/thomas-d-taylor/unfortunately-by-this-time-it-didn-t-matter-self-diagnosed-autistics/) [Thomas D. Taylor](https://sms4smile.com/quotes/author/thomas-d-taylor/) > [“As our society has become more casual, the line between a person’s personal life and professional life has become blurred, especially with the advent…](https://sms4smile.com/quotes/susan-c-young/as-our-society-has-become-more-casual-the-line-between-a-person-s/) [Susan C. Young](https://sms4smile.com/quotes/author/susan-c-young/) ## More by Jeremy Allaire > [I want to help create the world's first global currency built on the Internet and built on open platforms and standards such as Bitcoin,…](https://sms4smile.com/quotes/jeremy-allaire/i-want-to-help-create-the-world-s-first-global-currency-built-on-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Our view is that consumer finance - what people think of as retail finance - that arena is ripe for disruption. Bitcoin is absolutely…](https://sms4smile.com/quotes/jeremy-allaire/our-view-is-that-consumer-finance-what-people-think-of-as-retail/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We really think of Bitcoin as a global, interoperable payment network instead of a store of value.](https://sms4smile.com/quotes/jeremy-allaire/we-really-think-of-bitcoin-as-a-global-interoperable-payment-network/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [With greater extensibility and programmability, bitcoin can evolve to enable transformations in how all forms of property are secured and exchanged, how voting and…](https://sms4smile.com/quotes/jeremy-allaire/with-greater-extensibility-and-programmability-bitcoin-can-evolve-to/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an…](https://sms4smile.com/quotes/jeremy-allaire/i-think-there-s-a-need-for-services-that-will-make-it-easier-for/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The big idea of, 'Hey, I can pay anyone, anywhere, with whatever digital wallet they have, and it just flows around the Internet' -…](https://sms4smile.com/quotes/jeremy-allaire/the-big-idea-of-hey-i-can-pay-anyone-anywhere-with-whatever-digital/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Bitcoin may herald the dawning of a new age in currency. It holds superior traits as a form of 'good money.' As a tangible…](https://sms4smile.com/quotes/jeremy-allaire/bitcoin-may-herald-the-dawning-of-a-new-age-in-currency-it-holds/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [If you look at the trends, China very well could be the driver of the adoption of block chain consumer services.](https://sms4smile.com/quotes/jeremy-allaire/if-you-look-at-the-trends-china-very-well-could-be-the-driver-of-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The focus around Circle China is really cross-border payments. If I'm a parent in China and my son is studying at London Business School,…](https://sms4smile.com/quotes/jeremy-allaire/the-focus-around-circle-china-is-really-cross-border-payments-if-i-m/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Social messaging has become the defining app of the smartphone era. Social payments has been a natural extension of this phenomenon - it's going…](https://sms4smile.com/quotes/jeremy-allaire/social-messaging-has-become-the-defining-app-of-the-smartphone-era/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We're barely scratching the surface of how people experience and utilize p2p payments, despite it being a multi-millennium-old behavior.](https://sms4smile.com/quotes/jeremy-allaire/we-re-barely-scratching-the-surface-of-how-people-experience-and/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The Internet requires evolved forms of governance that we haven't figured out as a planet. I'd love to help make that easier and make…](https://sms4smile.com/quotes/jeremy-allaire/the-internet-requires-evolved-forms-of-governance-that-we-haven-t/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space…](https://sms4smile.com/quotes/jeremy-allaire/the-blockchain-is-to-money-what-smtp-is-to-email-it-s-an-open-way-to/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [Pretty uniformly, people want the benefits of bitcoin and the blockchain - near-instant transfers, globally available on any Internet-connected device, highly secure, and nearly-free…](https://sms4smile.com/quotes/jeremy-allaire/pretty-uniformly-people-want-the-benefits-of-bitcoin-and-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We'd love to see a world where Venmo added support on the blockchain, then a Circle customer could pay a Venmo customer using their…](https://sms4smile.com/quotes/jeremy-allaire/we-d-love-to-see-a-world-where-venmo-added-support-on-the-blockchain/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) [Explore all 28 Jeremy Allaire quotes ](https://sms4smile.com/quotes/author/jeremy-allaire/) ## More Circle quotes > [All my life's a circle; But I can't tell you why; Season's spinning round again; The years keep rollin' by.](https://sms4smile.com/quotes/harry-chapin/all-my-life-s-a-circle-but-i-can-t-tell-you-why-season-s-spinning/) [Harry Chapin](https://sms4smile.com/quotes/author/harry-chapin/) > [I was really into the first 'Spider-Man' films with Tobey Maguire, so it's pretty cool how it all came full circle.](https://sms4smile.com/quotes/jacob-batalon/i-was-really-into-the-first-spider-man-films-with-tobey-maguire-so-it/) [Jacob Batalon](https://sms4smile.com/quotes/author/jacob-batalon/) > [I'm not a night owl, but for Glasto there was no chance I was going to miss a moment. I heard intriguing things about…](https://sms4smile.com/quotes/emma-corrin/i-m-not-a-night-owl-but-for-glasto-there-was-no-chance-i-was-going-to/) [Emma Corrin](https://sms4smile.com/quotes/author/emma-corrin/) > [Your circle should be small; surround yourself with people who have genuine love for you and want to see you win. I want them…](https://sms4smile.com/quotes/rich-homie-quan/your-circle-should-be-small-surround-yourself-with-people-who-have/) [Rich Homie Quan](https://sms4smile.com/quotes/author/rich-homie-quan/) > [Life is like a circle it has no end point and every turn is a challenge did you notice it a circle has every…](https://sms4smile.com/quotes/nishan-panwar/life-is-like-a-circle-it-has-no-end-point-and-every-turn-is-a/) [Nishan Panwar](https://sms4smile.com/quotes/author/nishan-panwar/) > [As much as I moved to New York and tried to work in theater as much as I could - I developed a relationship…](https://sms4smile.com/quotes/william-fichtner/as-much-as-i-moved-to-new-york-and-tried-to-work-in-theater-as-much/) [William Fichtner](https://sms4smile.com/quotes/author/william-fichtner/) > [If you find yourself constantly stressing to keep up with the worldly demands from your friends, then it's obvious that you are in the…](https://sms4smile.com/quotes/edmond-mbiaka/if-you-find-yourself-constantly-stressing-to-keep-up-with-the-worldly/) [Edmond Mbiaka](https://sms4smile.com/quotes/author/edmond-mbiaka/) > [There is an anatomical dysfunction in today's Lebanon, and we have been stuck in a socio-political vicious circle for decades.](https://sms4smile.com/quotes/lucien-bourjeily/there-is-an-anatomical-dysfunction-in-today-s-lebanon-and-we-have/) [Lucien Bourjeily](https://sms4smile.com/quotes/author/lucien-bourjeily/) > [It feels awesome to be back in the winners' circle.](https://sms4smile.com/quotes/karch-kiraly/it-feels-awesome-to-be-back-in-the-winners-circle/) [Karch Kiraly](https://sms4smile.com/quotes/author/karch-kiraly/) > [A circle is a round straight line with a hole in the middle.](https://sms4smile.com/quotes/mark-twain/a-circle-is-a-round-straight-line-with-a-hole-in-the-middle/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [I loved theater and went to Circle in the Square's post-graduate program for two years and studied acting and directing and I loved it.…](https://sms4smile.com/quotes/martha-maccallum/i-loved-theater-and-went-to-circle-in-the-square-s-post-graduate/) [Martha MacCallum](https://sms4smile.com/quotes/author/martha-maccallum/) > [I have a great circle of support.](https://sms4smile.com/quotes/jordan-larson/i-have-a-great-circle-of-support/) [Jordan Larson](https://sms4smile.com/quotes/author/jordan-larson/) > [If the world were an orange with 18 segments meeting at the top (the North Pole), roughly 8 of them would be in Russia,…](https://sms4smile.com/quotes/alex-shoumatoff/if-the-world-were-an-orange-with-18-segments-meeting-at-the-top-the/) [Alex Shoumatoff](https://sms4smile.com/quotes/author/alex-shoumatoff/) > [“If you find yourself cutting corners, go in a circle instead”](https://sms4smile.com/quotes/benny-bellamacina/if-you-find-yourself-cutting-corners-go-in-a-circle-instead/) [Benny Bellamacina](https://sms4smile.com/quotes/author/benny-bellamacina/) > [Not everybody needs to be in your circle cause not all belong there](https://sms4smile.com/quotes/fugstickle/not-everybody-needs-to-be-in-your-circle-cause-not-all-belong-there/) [Fugstickle](https://sms4smile.com/quotes/author/fugstickle/) [Browse all 608 Circle quotes ](https://sms4smile.com/quotes/about/circle/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "New mobile-payment-based models are, in some ways, more secure. 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