Korean Job Discussion Forums

[Manner of Speaking]

Here's a good idea. About time, too:

http://www.theregister.co.uk/2005/11/03/disposable_credit_card/

[dulouz]

Yea, its a real good idea. Its a real luddite solution, beautiful in its simplicity.

[Tiger Beer]

I thought they already had those.. or essentially do.. connected to your savings account.. a 'debit card' but acts like a credit card in the sense you sign, swipe, carry around a card, etc.

They've also had those other credit cards where you pay your entire balance at the end of the month - as opposed to accumulating debt month-by-month.

[Manner of Speaking]

I think the idea is to have something that is not connected to any account on a long-term basis, so you don't have to worry about your account numbers being stolen. Good for ordering something through the Internet, for trips, as a gift, etc.

[Hollywoodaction]

They already have them in Korea. My wife received one as a gift a few months ago. You get a limited amount of time, say 3 months, to use up the prepaid card.

[igotthisguitar]

Further conditioning a gullible public to willingly accept the cashless society.

[Gord]

American Express and Mastercard offered those years ago. You could buy them at 7-11s. If I remember correctly, the program was pulled when security concerns came up about security issues involved in having unknown people with cards and the fraud that might unfold.

[EFLtrainer]

This is a very small change from secured credit cards which have been around a long time. All they seem to be doing is making a secured credit card seem cool and responsible rather than a last resort for those with poor credit.

[gdimension]