Dynamics Wallet Card
#1
Original Poster
Join Date: May 2014
Posts: 526
Dynamics Wallet Card
At CES 2018, card manufacturer Dynamics Inc. launched Wallet Card, a new digital universal Visa-branded card product slated to debut later this year.
Wallet Card can hold debit, credit, prepaid, one-time use, loyalty, and other types of cards, and can be used at any terminal that accepts magnetic stripe, chip, or contactless payments. At the same time, Dynamics launched the Wallet Card consortium, a group with members including Visa, Mastercard, JCB, Emirates NBD, and CIBC.
As you toggle through the stored cards, the Mag Stripe, EMV Chip, and the NFC wallet are all overwritten with the new data. Although Visa-branded, MasterCard also recently invested $70 million during the last round.
Credit card, debit card and coupon in one? Dynamics Inc. unveils its smart Wallet Card Pittsburgh Post-Gazette
Dynamics' Wallet Card could have niche appeal - Business Insider
Wallet Card can hold debit, credit, prepaid, one-time use, loyalty, and other types of cards, and can be used at any terminal that accepts magnetic stripe, chip, or contactless payments. At the same time, Dynamics launched the Wallet Card consortium, a group with members including Visa, Mastercard, JCB, Emirates NBD, and CIBC.
As you toggle through the stored cards, the Mag Stripe, EMV Chip, and the NFC wallet are all overwritten with the new data. Although Visa-branded, MasterCard also recently invested $70 million during the last round.
Credit card, debit card and coupon in one? Dynamics Inc. unveils its smart Wallet Card Pittsburgh Post-Gazette
Dynamics' Wallet Card could have niche appeal - Business Insider
#2
Join Date: Jan 2018
Posts: 1
Questions
My questions so far:
1. How will be credit/debit/other cards added to the Wallet Card?
2. Can I have cards from different networks (MC, VISA, AMEX,...) mixed in Wallet Card?
3. No charging needed for product life, understood correct?
1. How will be credit/debit/other cards added to the Wallet Card?
2. Can I have cards from different networks (MC, VISA, AMEX,...) mixed in Wallet Card?
3. No charging needed for product life, understood correct?
#3
Original Poster
Join Date: May 2014
Posts: 526
Bank cards will be downloaded via the onboard cell chip. This also allows them to give you a whole new card on the spot if there is suspected fraud. The prepaid, one-time, and other cards would be added manually.
Yep.
They have some proprietary method of self-recharging. No charging by the consumer required.
2. Can I have cards from different networks (MC, VISA, AMEX,...) mixed in Wallet Card?
3. No charging needed for product life, understood correct?
#4
Join Date: May 2010
Posts: 2,987
None of the previous attempts ever panned out, but maybe this one will defy the odds
#5
Original Poster
Join Date: May 2014
Posts: 526
My initial reaction was, here we go again. But when they have Visa, MasterCard, and hundreds of millions of the big boys money behind them, assuming the tech is solid, By Jove I Think They've Got It !
#6
Join Date: Sep 2014
Posts: 1,797
Still will be no good for stores that can see the name on terminal no matter what the card says.
#7
Original Poster
Join Date: May 2014
Posts: 526
Obviously nobody knows, but if it will accept one-time-use cards, there has to be the ability for manual input. We'll see.
#8
FlyerTalk Evangelist

Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Gold
Posts: 11,861
In any event, I signed up for updates. I'd still be hesitant to spend $50+ until it's been out a while though.
#9
Join Date: Jan 2011
Posts: 358
#10
Original Poster
Join Date: May 2014
Posts: 526
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