Invention - the amazing electronic credit card

by | Sep 20, 2010 10:33 AM ET

This isn't a "smart card". This is more like a computer shaped like a credit card, but as thin and light and flexible as a normal plastic credit card. It has a magnetic stripe, but the strip is programmable on the fly, so a single electronic credit card can take the place or several physical credit cards. It is amazing that they have fit all this into such a small container:

The name of the company is Dynamics.

What would be better than this? It might be better to embed credit cards into a cell phone as is happening in Japan:

- Can you use a cell phone as a credit card?

- Paying by cell phone on the way

The advantage of the electronic card shown above is that it is compatible with all of the existing mag stripe readers.

For more info see:

- How Credit Cards Work

- How does a magnetic stripe on the back of a credit card work?

- How can a plastic bag enhance the magnetic stripe on the back of a credit card?

[[[Jump to previous invention - The DTV shredder offroad tracked Segway-like vehicle]]]

If you would like to follow Brainstuff on Twitter or Facebook, here are the links:

More To Explore