Monday, January 9, 2012

The future of credit cards!

Dynamics Inc. is working to bring credit cards into the 21'st century by implementing a re-programmable magnetic strip. This could be used to access the normal credit cards function and another function such as a companies reward program. This re writable magnetic strip can also help out as far as security you could load false data on it so your information could not be stolen.

48 comments:

  1. must admit I don't use them at all, I use only debit cards :)

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  2. I heard Pay Pall wants in on the physical shopping scene :D

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  3. Yeah, he mentioned that last post.

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  4. I get the feeling that they could use the same technology for debit cards too...not a bad idea.

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  5. Nice! Would love to have one!

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  6. Not a bad idea at all, only reason I use them is for the reward points, then pay them off fast so no damn interest.

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  7. I'm happy with my credit card right now, but I could always use more security.

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  8. Would really be nice to only need one card, of course that goes for all cards, not just credit.

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  9. I prefer secure online transactions coupled with cash payments in person when needed (old fashioned, I know)

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  10. This would be a fantastic innovation for our security!

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  11. Not bad but I think that smartphones will leap over this technology

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  12. i have some cards but aren't credits cards, are debit cards also +follow

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  13. i dont know.. i just dont trust credit card companies..

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  14. The next step is a barcode on your forhead!

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  15. No one is going to believe me when I say this, but I do not have a single credit card. I use cash or a debit card only.

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  16. Not sure whether this would help or hinder security...

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  17. Wonder just how secure it would be, the normal person probably wouldnt have a clue how to set a decent security system up for the card

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  18. blinc was also secure until a way to hack it was found.

    Where there is a will, there is a way.

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  19. I ripped up all my credit cards in 2008 and am much happier now, even if it means going without shiny things I might like to own for a while while I save for them. I saw the other day that a LOT of people did what I did and that to offset their losses, average credit card interest rates hit an all time high last week. I would say it's a shaky industry at the present and the future isn't much better.

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  20. I was wondering how safe it would be and now I know

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  21. I'm not really okay with the whole concept of credit cards, that shit will ruin your life.

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  22. Makes sense..... but I would be more for it if that was just part of your debit card instead.

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  23. Trippy. Cool if it isn't just one more thing that can stop working.

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  24. Following, because my insight into monetary world needs someone to bring it to me!

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  25. Sounds pretty cool...would like to keep posted as i usually wear out cards really fast and want a better one!!!!

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  26. that would be sweet!!! I hate losing my card :(

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  27. Interesting. Although, I'm more a fan of the design than the idea of using it XD


    Btw, -B-ook of The End is finished!

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  28. I like the security idea. Credit card fraud is still everywhere.

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  29. Man that would make so much room in my wallet!
    +Follow for interesting shit

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  30. What's the point of using this when you can just use the credit card itself?

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  31. That's all I need, I high tech credit card that I can't work.... XD
    I'm so technologically demented, I'm pretty sure I was born at least 300 years too late.
    <3

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  32. The card information informed for every user must allocated that concern of bank process. I like this site and I do forward to another user.

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