Tuesday, March 19, 2013
NU12 #4 Molina, Jose Paolo - Sentrep (ID pics in CC)
Ateneo Innovation and Entrepreneurship
"New ideas create more and better new products and services; create more wealth."
Pictures on Credit Cards
A big chunk of our population use
credit cards. They are already a part of everyday life because of the
convenience of not bringing large amounts of money when you shop and the
advantage of paying for expensive items on installment.
A credit card has made its users
more liquid.
There are also cards that offer
rebates for groceries, medicine, gasoline etc. These advantages are also a
reason why people use them.
One big issue with having credit
cards is the security. There are many security features on credit cards to
prevent different kinds of fraud. Others are standard operating procedures for
merchants to protect the users.
One security standard is that when
you purchase you should present an ID. This is a hassle for some because what
if you happen to forget your ID or maybe what happened with me is that my PRC
ID has a very faded picture of me. This prevented me from making the purchase
because the picture was not recognizable.
This brought me to think that
there should already be pictures of the user of these cards on the face of the
credit card. This would ease up transactions and make it more efficient.
I think the reason that they do
not do it is because it would be more expensive for the card company to
personalize the card not to mention the extra time needed to take a photo from
the customer. But I think if the extra effort would result in a better service,
then I am willing to wait. 3
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