Dynamics Inc., which works with several banks and various technologies around the world, introduced a new bank card at CES 2018 that will collect all monetary accounts on a single card.
Credit and debit cards are still one of our most important payment methods today. But Dynamics Inc. and Sprint can completely change the concept of the debit card we know. The reprogrammable bank card that the two companies introduced at CES 2018 is directly connected to the bank, and you can register multiple accounts on the card.
The reprogrammable bank card is not groundbreaking or a new idea. Previously, Plastic worked on a similar project, even financing investments of up to $ 9 million. But it did not reach a conclusion. The difference is that Dynamics Inc. is already working with many banks around the world on similar technologies.
One of the most important features of the card is the presence of a transmitting antenna. The card is regularly connected to the bank through this transmitter. This is very useful for cards such as recognizing special campaigns, changing cards, locking accounts, or downloading new card safety data.
The card is also very simple to use. On the front is a small e-ink reader and two touch buttons.
So you can switch between different options. For example, you can choose to use any of the 4 different accounts registered on the card. Also, there is no charge problem because the organic chip inside the card can charge itself.