Dynamics launches its ePlate battery-powered credit card to create ‘payment apps’
News from VentureBeat:

Dynamics is hoping to turn the credit card and payment industries upside down with an innovative new kind of smart card and payment system. The ePlate system is a way for developers to get direct data on customer purchases and extra revenues from each transaction via “payment apps.” With ePlate, Dynamics hopes to change the way people pay for goods and services by motivating them to earn some very specific rewards from their favorite book authors or other goods providers. And, in a twist that could motivate a lot of partners to join the rewards program, the book author or the goods providers get a cut of every transaction made with the credit card.

That completely changes the way the card operates and the benefit that the consumer receives from using it. Dynamics’ system includes the ePlate payment device, which is a battery-powered Visa credit card that allows a consumer to change the app that is running on the card. You can apply for a card today on Dynamics’ site, and you can change the reward you earn with every purchase.

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Related News:

Would You Use Your Smartphone Like a Credit Card? This Company Hopes So
News from KUT News:

It sounds like the setup to a joke: “AT&T, Verizon, and T-Mobile walk into a bar …”

But it’s no laughing matter. Despite the fact that each company devotes itself almost entirely to beating the other two in the highly-competitive mobile market, the three companies have created a new “mobile payment” venture – Isis – that launched today in Austin.

Mobile payments, also called  “digital wallets,” allow purchasers to buy products and services using a phone-based app at the point of sale, instead of with credit cards, cash, or checks.

Merchants that accept Isis payments are a mix of big-box retailers, fast food restaurants, department stores, and local merchants.

Verizon’s Regional President for Austin, Frank Antonacci, led the kickoff event today at a Verizon Wireless store. He says Isis picked Austin as a pilot city (along with Salt Lake City), because of Austin’s history of adopting new technologies. “Austin has a great history of being open to technology…………… continues on KUT News

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