What Are "Smart" Credit Cards, and Why Are They Coming to America?

What Are "Smart" Credit Cards, and Why Are They Coming to America?

It only took the theft of 40 million Target customer credit card details to spur Congress into finally joining the rest of the world in abandoning the highly insecure credit cards you’re used to. Starting late next year, every credit card in the United States will adopt a more secure system. Here’s what it is, and how it works.

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Google’s New Wallet Card Brings It One Step Closer to Being a Bank

Google's New Wallet Card Brings It One Step Closer to Being a Bank

Over a year after rumors first surfaced, Google has finally unveiled the Google Wallet Card, a physical debit card that you can use to spend money from your Wallet account. The Mastercard-powered piece of plastic works just like a regular debit card and is available right now.

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Google Wallet update purportedly leaks plans for a real-world card, transfers and transit passes

Google Wallet update purportedly leaks plans for a realworld card, transit passes and transfers

Google Wallet hasn’t had much uptake in the real world. When most of its use has revolved around one carrier, few payment points and even fewer phones, most of us have had to sit on the sidelines. If an Android Police source really did come across a leaked future build of Google Wallet as he claims, though, we may know how Google surmounts that problem: going old school with a real-world card. Screenshots in the app supposedly show a mail-in option for plastic that could completely replace credit and debit cards without turning to NFC. Any charges after a typical swipe of the magnetic strip would simply go to whatever payment source is set as Wallet’s default, letting minimalists slim down their actual wallets while sharing in the same discounts as their phone-wielding counterparts. Digital-only purists would still get something out of the deal, as the update could also bring person-to-person money transfers and support for mass transit cards. How soon the as yet unconfirmed app would appear is still a mystery, but it dovetails with Google teasing a Wallet revamp that’s rumored to take mobile use beyond its Android-only roots; we just didn’t anticipate that the company might bypass our phones altogether.

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Google Wallet update purportedly leaks plans for a real-world card, transfers and transit passes originally appeared on Engadget on Thu, 01 Nov 2012 16:54:00 EDT. Please see our terms for use of feeds.

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Google Wallet to phase out prepaid card, cut-off date set for October 17th

Google Wallet to phase out prepaid card, cutoff date set for October 17th

Google Wallet’s prepaid card concept has been plagued with its share of security concerns, and though Mountain View seems to have sorted out those issues, it’s now phasing out the prepaid card program entirely. The service was intended to make up for a limited choice in debit and credit cards, and now that Google Wallet accepts any and all plastic, the prepaid option is a bit moot. The cut-off date for adding funds to a Google prepaid card is September 17th, and the prepaid option will vanish entirely on October 17th. Whereas users were previously charged $2.00 per month after 180 days without a transaction, they’ll get slapped with the same fee after 30 days of no purchases. Google says you can request a refund if you have a remaining balance after the prepaid option kicks the bucket, though it’s probably a good idea to just go ahead and spend those leftover dollars.

[Thanks, Chris]

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Google Wallet to phase out prepaid card, cut-off date set for October 17th originally appeared on Engadget on Mon, 10 Sep 2012 16:11:00 EDT. Please see our terms for use of feeds.

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