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iCache Digitally Stores Your Credit, Debit Cards; helps slimming Your Wallet

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Wednesday, January 17th, 2007 | Related entries: Gadgets

iCache - The All In One Credit Card device

A Cambridge, Massachusetts company called iCache has developed a device that is simple to use and helps slimming your wallet.

The iCache has the ability to store data from any of your credit or debit cards and can reproduce the cards’ stripe. In other words, it can perhaps replace everything stored inside your wallet and helps cutting the plastic.

What’s more, it is extremely simple to set up this device. Once you get your iCache, all you need to do is visit their website and register all of your cards to your account as well as your fingerprint since the device includes a biometric scanner. Once you’re at the store and want buy something, you simply select what card to use from a list on the screen and the iCache’s dynamic magnetic stripe will be temporarily programmed with the same track data that’s on the actual card. After which iCache can be used in a conventional swipe terminal just like a normal credit or debit card can.

Additionally, the card information is saved so it’s easy to replace if it were lost.

Jonathan Ramacli, CEO, iCache says “There’s no card to cancel, no cards to get reissued. They’re up and running in a matter of minutes.”

So if you trust the genuineness of a biometric scanner over a signature, then iCache is exactly what you need.

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