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Member
illini10
Posts: 11
Registered: ‎05-23-2012

All Credit Cards In One

Has anyone else seen this? I am surprised that I haven't seen anything on here about it.

 

http://www.walla.by/

Frequent Contributor
xiownthisplacex
Posts: 258
Registered: ‎08-29-2011

Re: All Credit Cards In One

Is this legit? Anyone know anything about this?


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Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: All Credit Cards In One

After some research I saw a few articles about it on reputable websites like techcrunch and some from CNET authors, and they wouldn't write about it if it was some type of scam. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Valued Contributor
mxp114
Posts: 1,356
Registered: ‎09-01-2011

Re: All Credit Cards In One

I signed up for the beta, thanks for the info. Based on the name, I thought it was an Australian offer but it's for the US lol Sounds cool. I wonder what brand is the card? From the picture, seems like a Visa debit card that basically redirects the authorization to one of your existing cards. I wonder how this will work and whether banks will sue. Chargebacks? Disputes? Card present? etc.

Senior Contributor
john398
Posts: 3,513
Registered: ‎01-19-2009

Re: All Credit Cards In One

The actual card looks like it says Debit, so will rental car agencies take it?

Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: All Credit Cards In One

It's probably not a visa or a mastercard. In my opinion, without reading most of the site, your credit card is still covering the purchase, so if it selects a visa, that is the card number that goes through, it probably just has a little chip in it that syncs with the data connection in your cell phone or something. It probably isn't backed by visa or MC. Thats just my opinion though, so dont quote me. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Super Contributor
CS800
Posts: 6,548
Registered: ‎04-07-2008

Re: All Credit Cards In One

I was also wondering how it would swipe. Since it has to be a Visa/MC/AMEX/Discover . How will the card machine see it?




Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: All Credit Cards In One

hmmm

Regular Contributor
lanc
Posts: 150
Registered: ‎11-05-2011

Re: All Credit Cards In One

We'll just have to wait and see if it pans out.  It sounds like a cool concept.  The company just opened this week with funding from www.muckerlab.com .  I think this business will really take off if they dedicate the man hours to find the best deals consistently.

Established Contributor
Cdnewmanpac
Posts: 767
Registered: ‎01-16-2012

Re: All Credit Cards In One

Here is a link to a better explanation: http://pandodaily.com/2012/06/26/wallaby-launches-the-cloud-wallet-of-today-based-on-a-smart-univers...

 

PS. It is visa branded

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