Shopping via the internet is no longer a new thing but let me offer a reminder to people who use their credit cards for online payment that fraud cases is still a rampant thing so, please reveal your credit card information online only if the source is reliable. A whiff of anything else, use Paypal or a debit card. You can better control your funds with a debit card because payment will not go through if the funds aren’t there.
And speaking of debit cards, there was an announcement that Bitcoin will be launching a whole new line of debit cards that will come printed with a QR Code.
Sources have it that the QR Code will lead users to a confirmation page whereby the accountholder is given the chance to confirm that they are indeed the owner of the account and they are ready to make a purchase. This is a step up with signature and PIN confirmation, I guess.
But let’s just say that instead of turning the QR Code into merely a confirmation tool, it should also be a way for users to find out if they have enough funds to make the purchase too. One of the things about using a debit card (as opposed to a credit card where a blanket limit is applicable) is that sometimes we forgot how much money that we have loaded into the card. We could be walking past an aisle in the mall and suddenly see something cool that we might want to get. Instead of risking the embarrassment of being told that there is insufficient funds at the counter, why not scan the QR Code with your mobile phone and find out before walking up to the counter?
Many people continue to be quite conservative about logging into their bank accounts via mobile without an app that has been authorized by the particular bank because who knows who is lurking around the cyber corner, right?
It was reported that Bitcoin ran into some trouble many years ago because of security issues and it was unfortunate for the company that many fraudulent and ill-intentioned people manipulated loopholes within the system to conduct cyber crimes and fraudulent activities. Back in those days, even Paypal had problems keeping things in check and ran into troubled waters too.
With this piece of news, it could mean that the New York City-based company is far from throwing in the towel.
More articles in this topic
QR codes are making the check-in process at Xiamen Gaoqi International Airport a little bit easier. For passengers who do not have to check in any baggage can check in by going to the Chinese language http://www.xmairport.com.cn/, the airport’s Web site. On the site, they will be required to submit their personal information. After that, [...]Read more
It has been a long time coming but we heard from the grapevine that Xiamen airport is now allowing its passengers to check into the airport by scanning QR Code. For those who are unfamiliar with QR Codes, they are an evolved version of your basic 2D barcode…the same ones that the cashier at the [...]Read more
Ever since Google made the announcement about Google Glass, everyone (well, not literally but people who are into Internet and technology) have been up in arms about privacy. I, on the other hand, worry very little about it. Why? It is not that we are public people and most of us, let’s admit this, want [...]Read more
- A QR Code You Can Walk On
- Fiitfu To Rock eWomen Conference In Dallas With QR Code Marketing
- Putting The Fun Into Fund-Raising
- Donate Easily With QR Code
- Facebook Apps Add At Least 182,000 Jobs
- QR Codes Help You Have Fun While Getting Dirty
- A-Third Of Our World Is Connected To The Internet
- QR Code Levels Up The Playing field
- The Advantages And Disadvantages Of Today's QR Code Technology
- A Read-Dy Good Idea For Libraries
Google Android news and discussion.
Deliver latest top technology stories and breaking IT news
Near Field Communication (NFC) news, ideas, projects and technologies.
QR Code, Datamatrix and other two dimensional barcode news and analysis.
Tips, advices, how-to's and DIYs for the latest technologies.