Posts Tagged ‘blue credit cards’
Blue from American Express
from youtube
The RFID Credit Card Since June 2005, all American Express issued Blue credit cards have been imbedded with an RFID (Radio Frequency Identification) transponder, in addition to the traditional credit card magnetic strip.
According to American Express, the greatest advantage of making use of an RFID system is that it speeds up transactions. Statistics gathered during the Proof of Concept and Pilot phases of the project showed that payment by the RFID Blue from American Express card is 63 percent quicker than paying by cash and 53 percent faster than paying by following the traditional credit card process.
The RFID Key Fob In conjunction with Texas Instruments RFID Systems, American Express also launched an RFID key fob that any holder of a Blue from American Express credit card is eligible for. The key fob fits onto most key chains and can be used instead of your credit card to pay for everyday purchases such as fuel and foodstuffs. This effectively means that you don’t require to take your wallet with you when you go shopping.
As a Blue card holder, all purchases made via your RFID key fob, are directly charged to your credit card account. These charges will appear on your monthly credit card statement. To enable you to differentiate between purchases made by RFID key fob and by card, ExpressPay purchases are highlighted as is the name of the merchant, the date and the amount spent.
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