evil credit card technology
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evil credit card technology
| Mon, 06-06-2005 - 8:09am |
I just read a news article stating that Chase is going to make credit card purchases easier with a system that allows you just to wave your card in front of a reader. It is being test marketed in Georgia and is aimed (for now) at movie theaters, fast food, convience stores. It is supposed to help speed things up, so you do not have to fumble around in your wallet for your card. Sounds like a way to encourage impulse spending at places you would normally use cash. Also sounds ideal for theives who wouldn't even have to forge a signature.
Here is the link:
http://www.foxnews.com/story/0,2933,158616,00.html
Sandra

Sounds like Speedpass which they have had here for a while for I think it is Mobil gas stations.
Becky
CL of 4th, 5th & 6th grade Scoliosis
As far as the technology goes, it's very safe. Without going into details about how I know that, I can assure you it is.
However, I won't be using it. Cash is fine with me. I do have an EZ-Pass for tolls because I am not going to drive more just because I have an EZ-Pass!
Kelly