The Future of Credit
American society has already shifted to a mostly cashless consumer. Credit is built up not only on cards but also with the use of things such as PayPal™ on the internet, furthering the gap between consumers and their ability to control their money. Advances in credit card technology also include coded microchips on the card itself to help with authenticating transactions and provide security to the consumer. Other advances to credit include the possibility of a microchip imbedded in a person’s body to aid with security and aid of use. Also, a credit card user “Bill of Rights” to protect consumers from companies changing agreements and altering policy, has been suggested. This information and more on this topic can be observed in this brief video here. Without a doubt credit will continue to dominate the consumer sector in years to come but is sure to undergo drastic changes.
 Barbara Kiviat, “The Real Problem with Credit Cards: The Cardholder.” TIME Magazine, May 12, 2009. http://www.time.com/ti me/business/article/0,8599,1897362,00.html
 David Zax, “Microchip-Embedded Credit Cards Coming To America At Long Last.” Fast Company, April 15, 2011. http://www.fastcompany.com/1747514/microchip-embedded-credit-cards-coming-america-long-last
Creditcards.com, December 3, 2012. http://video.creditcards.com/tTRaR/the-future-of-plastic/