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Using one’s driver’s license to pay for fuel at gas stations throughout Texas appears to be a huge success. It seems an opening step in the direction of securing all of our personal information onto one source. (We think the end goal is to have all of your personal i.d.s, credit cards, bills…. uploaded onto your mobile and using perhaps even as simple a method as barcoding to access this information as necessary.) It’s only a matter of time before this gas payment method is available nationwide.
From a security standpoint, having your personal info on your cell has many advantages:
1. All information is centralized and security coded.
2. No more fumbling through your wallet for the exact card needed.
3. Transfers between bank or credit accounts are more quickly accomplished.
4. If you lose your cell phone, you simply dial a deactivation code from any phone and your cell becomes inaccessible. (If you lose your wallet now, you have to make endless phone calls to the credit card agencies, SSN, the DMV…)
We’re liking the look of the future!
BNI Operatives: Street smart; web savvy.
As always , stay safe.
Filed under: Tech Tips