SMART
WALLET
Smart wallet is the new digital mobile banking technology;
It is an alternative to paying merchants with cash (bills and coins), debit
cards or credit cards.
Smart digital wallet these days that takes the
credit cards, loyalty cards, and other cards out of our pockets and moves them
onto our mobile phones With the digital wallet, the user pays a merchant
electronically by passing a smart phone by a sensor at the cash register or
checkout terminal.
Smart digital wallet these days that takes the
credit cards, loyalty cards, and other cards out of our pockets and moves them
onto our mobile phones
Secret sauce behind the device is an encodable
dynamic magnetic stripe that all credit card readers recognize, and that can
represent most of the cards a user has loaded onto their data.
The
Standard Smart Wallet includes:
- Bluetooth LE Locator
- Multi-Function Button
Smart digital
wallet system to hit the market, there’s no way millions of merchants
around the country are ready to abandon their legacy credit card readers. Apple
and Google may want think it’s time we all paid wirelessly.
The Smart wallet is designed to be thin and trendy.
We went to great lengths to source leather materials that look sharp and hold
up to wear and tear. To protect the technology inside, we wrapped our battery
and circuitry in a polymer case that is both waterproof and durable.
Security
Security
concerns surrounding a physical device that stores users’ financial data and
access to their cards. Smart wallet has
set with locks and unlocking means entering a PIN on the card’s small
buttons. Enter the wrong code three times, and “it bricks the card it
requires bringing it back within range of the phone
Another potential positive is that data
security promises to be much better with the digital wallet than with the
traditional plastic credit or debit card, according to some analysts. The
reason for this is that data encryption and user authentication can be more
robust with this new technology.
The
Premium Smart wallet includes:
- Integrated Backup Battery
- USB Sync Cable
- iPhone Lightning and Micro-USB Option
- Bluetooth LE Locator
- Multi-Function Button
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