According to Gallup data, the average American owns between three and four credit cards, which in the past, may have added some unnecessary heft to your wallet. Now, though, there’s a company that aims to consolidate all your cards into one. It’s called the Wallet Card™ and it’s made by Dynamics. Much like the failed Plasticard, the Wallet Card houses all your cards in a single electronic device that looks and functions just like a regular payment card. It has an E-Ink display for toggling between accounts, a GSM chip, and a reprogrammable magnetic strip in the back. It can hold loyalty information as well. Owners of overstuffed wallets are rejoicing.
Executive Summary
Innovations suggest a future where cards are very much alive, and can do far more than ever.