The Live Checking Card displays the accumulated spending amount on your card after every purchase. Clearly, the concept itself is nothing short of a nightmare for wives and girlfriends as it displays real time information of their shopping adventures. The underlying technology behind Live Checking Cards is e-ink, which checks your purchase history and matches them up with the bank account transactions using RFID.
I’m bristling at the remark about it being nothing short of a nightmare for wives and girlfriends, because men spend too!!!
Just single purchases on much bigger toys (cars, electronics, etc).
Nevertheless, I think it’s an interesting concept. I don’t see how it would help me, but maybe for those of you who are visual spenders and don’t want to keep a budget, this might be a good thing if it ever comes to fruition.