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Likely dead. While I like the idea behind coin and similar systems like the stratos card and would use the technology, usually these systems don't make it past
by Lit91 11y ago
Likely dead.
While I like the idea behind coin and similar systems like the stratos card and would use the technology, usually these systems don't make it past prototypes.
Visa/MC/Disc/Amex put an end to a lot of these all-in-one cards. If they do get released, they don't last long.
Storing full track data, which is what these systems do, is against card company regulations. They own the magnetic stripe data and keep tight controls over how it is used.
For a simple overview see: http://www.visa.com/dropthedata/data.html http://www.visa.com/dropthedata/data.html
- stouset 11y agoNot to mention, the EMV rollout will kill this dead in its tracks anyway.