The Disadvantages of RFID Credit Cards
RFID credit cards are leading the nation. Also known as Radio Frequency Identification, RFID for short, these cards allow you to make purchases with your credit card without even having to enter a PIN, swipe your card through a reader, or even sign for sale.
In theory, no one else could have this electronic fingerprint. Theory is not so much more. Some credit cards companies are already experimenting with RFID technology. It can be used at gas stations, convenience stores, maybe even in vending machines.
But this technology is as safe as all the experts say it is? Perhaps, but the idea of not signing for your purchase can cause you to have the Heebie-Jeebies. Moreover, usually with normal credit cards, the cashier is supposed to look at your card and compare signatures, to ensure that you are, whenever you make a purchase. With RFID tags, there is no extra step of security.
Another problem with RFID tags, and that you will not hear the credit card companies do, is that RFID tags can too easily to spend and raise its debt. If all a person has to do is wave your card at the fast food restaurant, to get gas so expensive to buy new flat-screen TVs, then chances are you start waving your card even more. In the long term, they will gain a ton more money for the Credit card companies. But for the buyer, which could mean a long life of living in debt.
Another potential problem with RFID is that it could be the next wave of the future for everything from passports to the security to enter the buildings. It could possibly be used to track their movements, even during the day, week and year. Imagine – the car, all buildings to be held, your house, your job – they all have RFID technology security. That makes for a chance of Big Brother to keep an eye on you. A thought of fear, and quite unlikely, “yes, but in reality it is not possible, because at least the RFID.