topic What Will We Do When Credit Cards Become Non-Existent in Credit in the News

What Will We Do When Credit Cards Become Non-Existent

laboi_22 — Mon, 01 Oct 2012 12:11:25 GMT

I know I love to get my new credit cards in the mail. I've even (no I'm not ashamed to say this) applied for cards because I wanted them for the way the look. I would never use a card that I thought was ugly. With that said I'll miss traditional credit cards when they leave. I was watching a new article on tv and they have been talking about cell phones as the new way to pay with your credit accounts. It's not here yet, but it's coming. A few weeks before the TV segment, I was in line at Starbucks and the car in front of me paid by handing the woman at the window her phone.

Here is a link to an article but there are many more just google: http://reviews.cnet.com/8301-13970_7-20032840-78.html

Oh how I don't want to loose my beautiful credit card collection and put at virtually into my mobile phone!! What about you......??

Re: What Will We Do When Credit Cards Become Non-Existent

lithium78 — Mon, 01 Oct 2012 13:01:19 GMT

I'm not sure if mobile phone payments will ever really take off. Who wants to hand their $500 phone over when buying something? Plus I'm not sure how secure of a payment system it will be or if someone will figure out how to hack your mobile phone. It feels too risky to me.

Re: What Will We Do When Credit Cards Become Non-Existent

Koop10010 — Mon, 01 Oct 2012 13:21:52 GMT

I don't see the physical cards going away any time soon. There are still plenty of people who don't even have smart phones.

Re: What Will We Do When Credit Cards Become Non-Existent

creditnocash — Sun, 07 Oct 2012 05:38:33 GMT

this is the same concept with carrying cash.

after so many years its hasn't gone away yet (not that it won't someday)