Dynamics, Inc Introduces The First “Computerized Credit Card”

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Dynamics, Inc.:

WHAT:

Dynamics, Inc. has brought to market the first and only functional interactive payment card with a computer inside and buttons, displays and LED on its face.Participate in a hands-on demonstration of this new technology, which enables consumers to choose transaction options with the touch of a button as an alternative to traditional payment cards.

This breakthrough enables issuers to provide consumers greater card functionality, including the ability to select applications that are stored directly on the card itself, with the assurance that the card is compatible with existing POS terminals. Initial applications include:

  • Greater Security: Consumers can “unlock” their account numbers for each purchase with unique codes, preventing use after theft
  • Greater Convenience: Consumers can carry both debit and credit accounts on the same card
  • Greater Control: Consumers can carry both loyalty and credit accounts on the same card and make purchases with either cash or loyalty rewards

WHO:

Jeff Mullen, chief executive officer of Dynamics and an inventor of more than 150 pending and issued patents ranging from mainstream consumer electronics for Apple, Inc., to children’s electronic toys. Mr. Mullen can address:

  • How he designed the first working interactive payment card and its current market applications
  • How consumer use of payment cards is about to go through radical change
  • Dynamics’ business partnership with MasterCard that will create global availability of interactive payment cards.

WHY:

86 billion card transactions were conducted in the United States alone in 2012, according to the 2013 Federal Reserve Payments Study, demonstrating that card usage is still a premier payment method among consumers. Dynamics provides the security and convenience to simplify consumers’ lives.

WHEN:

Jeff Mullen – Tuesday, Jan. 6 and Wednesday, Jan. 7 during show hours
Pete Kaulbach, Senior Business Leader-Product Development, Global Consumer Product, MasterCard – Tuesday, Jan. 6 from noon-5

WHERE:

Booth 74367 in CES Tech West (Sands Expo)

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