As you might have guessed, this is only a concept. In fact, this is downright Minority Report technology.
This is the Live Checking Card, a card that will physically display the spending amount on the card after every purchase.
The display is powered by e-ink technology and uses RFID to sync with your bank account.
So, if you are going to make a purchase, and not certain if you can afford it, just look at your card before you buy it.
In all honesty, I’m not certain that this is a good thing if a thief were to suddenly “acquire” this card. A large number would probably give a thief the motivation to buy a whole lot of stuff.
In a way, this reminds me of the Chase Mastercard commercial where this guy takes out his Mastercard and uses it as if it were some sort of augmented reality mobile device.
In other words, if we can have a card wirelessly put the spending amount on the card, then can’t we make it so the card can do checking/savings transfers, bill pay, and other online account transactions?
Yeah, I suppose that there should be an app for this, but I’m pretty sure that there are at least five. Still, if this card does become reality, then I think all banks should required that their customers be card holders.