Friday, March 09, 2007

American Express to install spy chips in their credit cards

Credit card provider American Express has applied for a patent related to RFID devices.

That patent application, titled "Method and System for Facilitating a Shopping Experience," describes a Minority Report (or MallCity 14) style blueprint for monitoring consumers through RFID-enabled objects, like the American Express Blue Card.

According to the patent, RFID readers called "consumer trackers" would be placed in store shelving to pick up "consumer identification signals" emitted by RFID-embedded objects carried by shoppers. These would be used to identify people, track their movements, and observe their behavior.

In response to concerns expressed by consumer protection groups like CASPIAN, American Express also promised that it would make a chip-free version of its credit card available to concerned consumers who ask for it.

submitted by Shaun A. Saunders

1 comment:

Anonymous said...

Nothing changes!!! You have to ask for a chipless card!!!! That means you have to be informed! Oh yes, and we are going to depend on American Express to "inform" the consumer... just like they inform you about their rates and fees. Even lawyers scratch their heads on that!