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| So what's in it for me? What exactly would I be gaining to persistently store my financial information on a platform that has been proven to be easily compromised by malware? I'm sure the wireless companies are getting their share of the swipe fees for each transaction. My american express card had a wireless chip built into it for years, it seem to confuse the few POS terminals that support it more than anything else, so I have to swipe it anyways.
Regardless of what the constitution says everyone has to carry their state issued photo ID at all times when they are outside their own home and present their papers to the proper authority figures upon demand, so the wallet isn't going away anytime soon. You might as well put your sensitive financial information in there as well, and keep it securely in your pocket as opposed to the easily lost and stolen cell phone. |
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 BF69Premium
join:2004-07-28
Camden, TN | Oh I'm sorry please tell at which point in the article where it says you're forced to use this? |
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tcopePremium
join:2003-05-07
Sandy, UT
kudos:2 | reply to big_e
Same thing was said about credit cards and then debit cards.. why carry plastic when cash is just as good. In this case ISIS will tie in "offers" that can be used at the same time payment is made, all within the ISIS app. You get notification of an "offer", you go to the location and bring up the offer in ISIS and use ISIS to pay all the same time and take advantage of the offer. If you have your own credit card linked to pay, you also get the same cash back youd' normally get. |
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tcopePremium
join:2003-05-07
Sandy, UT
kudos:2 | reply to big_e
said by big_e:What exactly would I be gaining to persistently store my financial information on a platform that has been proven to be easily compromised by malware? I'm sure the wireless companies are getting their share of the swipe fees for each transaction. My american express card had a wireless chip built into it for years, it seem to confuse the few POS terminals that support it more than anything else, so I have to swipe it anyways. Can you site any situiation where account information has been comprimised on the mobile platform? Just because malware can affect a phone in some way does not mean it can gain access to ones financial information. The ISIS system is set up far differently then you mention.
What would you gain? A few things off the top of my head. ISIS will included loyalty info and offers. For example, you go someplace and buy 5 meals and pay with ISIS. The store then gives you a 6th meal for free. An store may give a 20% discount on something if you pay with ISIS. All of this costs you nothing. You also don't need to carry umteen discount cards with you. |
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