Dec 30
Korea Gets First Ever USB Type Credit Card
ETNews of Korea reports on Shinhan Card rolling out Korea’s first ever USB type credit card on Thursday, December 27.
ETNews further writes, “The USB credit card provides the online and contactless payment function and works the post-paid transportation card as well. The built-in IC chip includes the public authorization and the internet credit payment programs.
During the online payment, users do not need to insert the credit card number. Rather, they can pay by connecting the USB to the slot. At the franchise stores with the IC card reader, it enables the no-touch payment.
The card also supports the information inquiry and the automatic log-in service using the public authorization and the built-in internet payment programs. However, it is limited for users to delete or save data so that the USB itself cannot be used as a portable storage device.” More at ETNews.