InvestorsHub Logo
Followers 3
Posts 216
Boards Moderated 0
Alias Born 07/30/2013

Re: mrnutsandbolts post# 10230

Monday, 09/19/2016 6:07:31 PM

Monday, September 19, 2016 6:07:31 PM

Post# of 20025
Credit card advantages?

I can think of three straight away..

1. they do not make 'hissing' sounds when fully extended, like the new iPhone

2. when we refer to money "burning a hole in your pocket" we do not mean the credit card will actually spontaneously explode and burn through your clothing and then burn your flesh.....and then open up the card company to law suits, like the Samsung Galaxy 7s.

3. people worry so much about privacy - remember the huen cry when SMME first mentioned the card as a health card?! "You are not getting my personal details!" they shouted. These same people are happy to sign up to Apple and Samsung and all the others that both track every step they make and everywhere they go through their phones. Oh yeah, don't forget the fitbits in their various iterations from different manufacturers. You think these guys are helping? They are owned by the world's largest health insurers and are simply looking for way to increase your personal health insurance 'cos they know how unfit you are! My credit card can be used to track my purchases and assist retailers and marketers - I acknowledge that. But the credit card does not reveal how I got from one shop to the next, or one town to the next, or everywhere I was between purchases. Your phones do. So what now from those privacy folk? Ok now - 'cos its sexy to tap'n'go and I'm in a hurry?

Nuts - I see the same as you every time I shop or buy a beer and burger. I would much prefer to use my credit card as is, or even make it better through advancements, rather than try to use the very limited and unreliable sexy technology that so many people want to use these days = ApplePay and SamsungPay....they all think they are clever, but its limited by signed-up vendors and dollar amount and reliability. Its simply transferring great risk and leaves them totally exposed in so many ways. I'll stay with my credit card if you don't mind, and maintain what little privacy I can, and pay for stuff when I need to without holding everyone up 'cos I've charged my credit card.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SMME News