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.
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.
Starting Score: TU:650 - EQ: 672
Here is a link to a better explanation: http://pandodaily.com/2012/06/26/wallaby-launches-
PS. It is visa branded
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO
