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donna_loomis

Have you heard of the Blink Card?

16 years ago

I guess right now, Chase Bank is the only U.S. bank using it, but I don't think the rest will be far behind. It is widely used in Europe. I really hate the idea of it. When making a purchase, you don't have to even run your card through a machine, punch in your PIN or sign anything. If a merchant participates they will have a special terminal that you only need to get your card CLOSE TO and - blink - you're done. What scares me is that if your card is lost or stolen it would be SO much easier for someone to use it. And if you don't use your card often, it might be a while before you knew it was missing, so you might not know about it until you checked your bank balance and saw something amiss that way. Sure, you can take care of it just like you would if someone had stolen your regular credit card, but I just see this as another headache for the consumer and a way to separate us from our money faster.

Here is a link that might be useful: BLINK

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