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Submitted 2018-12-17 06:43:31 If you haven鈥檛 heard of the Wallet Card yet, chances are you will soon. Unveiled in early 2018 by Dynamics and Visa, the Dynamics Wallet Card鈩?has been generating an impressive amount of buzz. It鈥檚 been written up in numerous articles and has won several awards. One of those was the 2018 Best of Innovation Award at the Consumer Electronics Show in Las Vegas, widely considered the consumer electronics industry鈥檚 most prestigious award. It鈥檚 the first time a payments consortium has won it.

That鈥檚 a lot of exposure and expectation for any new product or technology. All too often, products that are subject to that much hype wither away into obscurity under the glare of that much scrutiny and anticipation. So what is the Wallet Card and will it be the 鈥渘ext big thing鈥?in consumer finance?

What the Wallet Card Is and Does

The Wallet Card has the capacity to be all of your payment cards: debit, credit, pre-paid and one-time use, even branded loyalty and gift cards, all in one. A digital display and two-button interface allows users to toggle between accounts and cards instantly.

So how will this impact international payment processing? Only time will tell. But with partnerships with leading banks and communications corporations all over the globe, the Wallet Card is being billed as a virtually universally-accepted form of payment.

The Wallet Card is linked to the internet of things with both a cell phone chip and antenna, which is said to allow it to communicate with and transfer money between the user and their bank anywhere on the planet, at any time.

That connectivity also means the instant issuance (and registration) of new cards. For instance, after the deletion of a compromised card number, one could expect near-immediate reissuance of anuncompromised card.

Robust security and instant reissuance could certainly prove a selling point, as almost 50% of cardholders in the U.S. have to have at least one card reissued every year. And conveniently, all of that tech is powered by a self-charging battery, which means no loss of payment method at inconvenient times or daily charging.

Is It Going to Replace Plastic as We Know It?

Perhaps unsurprisingly, there鈥檚 considerable disagreement on the answer to this question from those predicting the future of commerce and finance. One camp, those skeptical of the Wallet Card鈥檚 future status as the revolutionary smart card, has pointed out that mobile d. Cheap Jerseys China Free Shipping   Cheap NBA Jerseys From China   Cheap Replica NBA Jerseys   Cheap Authentic MLB Jerseys   Cheap College Jerseys Online   Cheap Wholesale College Jerseys   Cheap Replica MLB Jerseys   Cheap Retro Soccer Jerseys   Cheap Soccer Retro Jerseys   Wholesale Adidas NHL Jerseys