Monday, October 22, 2012
NU 12 Analiza G. Mendoza - unified credit card
ANALIZA G. MENDOZA
NU 12
While having so many credit cards give a person credit power, it is alarming since hacking is very rampant lately. Credit card information can easily be copied with the use of a new machine.
I suggest that in order to protect the clients from fraud why not all banking institutions join in making a unified credit card. A unified card is issued to a customer and if he is approved of a card by a bank, all information will be stored in that single card and can only be accessed using the fingerprint of the customer. When using it, the merchant will swipe the card and the customer will use its fingerprint to display all the information along with her picture in that card and then chooses which bank he will be using. No person has the same fingerprint as other and this will be a good security. Customers will not be scared of having their cards swiped without knowing that all information in that credit card is copied by the swiping machine and is used by unauthorized person. 4
Ana G. Mendoza
Tel no. 927-7063 loc 108
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