Sprint powers Dynamics wallet card
Sprint announced that its Curiosity IoT network is powering the Dynamics Wallet Card, which claims to be the world’s first connected payment card, in a company release.
The wallet card is a digital storage card where consumers can put their debit, credit, prepaid, multi-currency, loyalty and other cards all in one place and use the card anywhere in the world through a single interface, according to a spokesperson.
Emirates NBD will be rolling out the card as a replacement for existing cardholders. It is the only announced financial institution that is issuing the card, however negotiations are ongoing and the card will expand to additional markets, including the U.S., according to officials.
The card can accept messages, for example if a bank or retailer needs to reach the cardholders, then digital coupons, alerts or other messages can be sent through wireless connections.