This guy makes some good points about how the credit card industry is not concerned so much with real security as they are with perceived security. What he leaves out is what they are REALLY concerned with - the disconnect between your actions and your money. While it has been said that swiping a traditional credit or debit card causes people to spend way more than if they spent cash, studies have shown that using RDIF makes the disconnect between using your card and spending even greater...

Now throw in the security (or lack thereof) problem into the mix and run away from these things!!

Labels: Credit Cards, identity theft, Over Spending