USB Stick as Credit Card
written by: Patrick Wong | category: Tech News | posted: 12/29/07Personally, I hate carrying coins in my pocket, it’s dirty and heavy but it’s inevitable in North America. Errrr…. On the other hand, it’s normal to see a cellphone is being used as credit card to buy stuff in Japan, like the M-Wallet system feature found in Motorola Mobile’s payment system. Over 10 years ago in Hong Kong, its government already launched the Octopus Card where you can buy almost anything using it - even most kids have one.
Lets talk about this USB thingy. In Korea, they have the credit stick. Shinhan Card, Korea’s biggest Bank rolled out Korea’s first ever USB type credit card recently. (It’ll take 10 years to see in North America… joking) Unfortunately, thisUSB media is strictly as credit card system only, it is not a portable storage device. The system sounds really neat to me!
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December 29th, 2007 19:22
Isn’t that kinda insecure?
December 29th, 2007 20:46
That is pretty cool!
December 31st, 2007 08:13
I think it’s cool as well, I’m just concerned about the chances of losing one. Although, unlike a regular thumb drive, I’d probably be a little more careful with this one if it functioned as a credit card! Interesting find.
And, you might not be too far off in estimating that it will take 10 years for us to see this in the US!
February 25th, 2008 15:48
It pains me to see how far ahead in thinking some of these Asian countries are in comparison to Australia. I mean just look at Broadband….
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