10-01-2012 05:11 AM
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.h
Oh how I don't want to loose my beautiful credit card collection and put at virtually into my mobile phone!! What about you......??
10-01-2012 06:01 AM
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.
10-01-2012 06:21 AM
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.
10-06-2012 10:38 PM
this is the same concept with carrying cash.
after so many years its hasn't gone away yet (not that it won't someday)
|Current: Discover Fico 701 10/14 Walmart Fico 689 9/14|
Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014
|Amex Zync(Unicorn) |
Citi Diamond Preferred$6000
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