3 ms·
The security that a smart card provides would actually prevent a product like this from working because one of the primary purposes of the chip system in CCs is
by azdle 11y ago
The security that a smart card provides would actually prevent a product like this from working because one of the primary purposes of the chip system in CCs is to prevent cloning, but this relies on simply being able to enter your CC number into it.
I can't remember what it was called, but I remember reading about something that does use a chip card and allows you to switch payment providers using a phone app, but they were actually acting as a payment processor and had agreements with the card providers that they support to redirect charges to whoever you had selected at the time.
- Nursie 11y agoKinda like apple-pay then...
- Globz 11y agoOh this makes a lot of sense, thank you for the clarification. Too bad the product is unreliable or else I would get one right away.
- flurdy 11y agoPlastc, https://www.plastc.com https://www.plastc.com, has solved the multiple chip and pin issue. Although in an interesting yak shaving way due to the emv restrictions. https://www.plastc.com/blog/talk-with-the-founders-update https://www.plastc.com/blog/talk-with-the-founders-update
- Globz 11y agowow this one looks very promising also Chip-and-pin enabled.
- deleted 11y ago[deleted]
- Grue3 11y ago"Shipping Summer 2015" This is clearly vaporware, or worse yet, a scam. Have they demonstrated a working prototype yet? Everything on that page is renders. If they haven't, there's no way they're shipping it next month. And features like e-ink screen and Chip&Pin cloning make it even less realistic.