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23 Oct 2010 19:41


Biz: Citibank’s multifunction credit card design misses the point

  • The new credit card?For the most part we’ve been using the same credit technology for 60 years, at least in the U.S. That magnetic stripe has proven pretty durable. So Citibank is introducing multi-button cards like these starting next month, which (among other things) will allow you to tie multiple accounts to the same card.

    What’s the point?Sorry, but we think that the design of the cards shown here is downright laughable, and technologies like Visa’s Paywave and Square are both out in the wild already and way more useful. We want less, not more, complication at the checkout. The new credit card isn’t a multifunction monster. It’s a cell phone. source