My bet is the battery life is longer than the card life (i.e., the battery has a three year lifespan but the card expires in January of 2012, or something)



EDIT: Just thought I would leave a mark saying this was my 4000th post.


Last Edit: Sept 18, 2010 20:37:59 GMT by Josh

I use my card's chip. Although a good idea, intuitive design, magnetic cards are only cool in Metal Gear.

My bank already brought out proximity cards, way more advanced. I am unimpressed by this.

Wow, that's super cool. Very clever design.

Yep. Lots of banks are and are experimenting with a wide spread usage, which unfortunately requires new hardware in the stores. Either way though, this isn't exactly new news. I saw some other stuff while working at PayPal very similar to this. (They talk about what the competition is doing in a weekly newsletter.)

Yeah, new hardware is a bitch. There's a guy at the Market (little stall) that just got a chip and pin machine, at great cost.

Just wait until they start having to do the wiping method (where they literally wipe an imprint of your card on carbon paper) again. It's only been 5 or so years since I stopped seeing those in stores for credit cards and now it'll happen all over again.

I never knew they did that before actually...

Why we still use processed wood pulp, molded metals and refined oils to use as currency is beyond me.

"PayPal?" "Sure." "Awesome."