| The Next Idea, Consultants to the Restaurants | | | | want to offer the convenience and timesavings to |
| and Food Retail Industry, reports that many | | | | their customers, as well as reap the benefit of |
| restaurants and convenience stores are now | | | | being able to serve more people and bumping up |
| accepting credit and debit cards that are enabled | | | | their bottom lines. Chase Bank recently issued the |
| with RFID, or radio frequency identification chips. | | | | chip embedded cards to 500,000 consumers in |
| The hope is that the cards, which are | | | | Colorado. Chase is calling them “blink” |
| “contactless” can save time because | | | | cards; currently 7-Eleven is testing them. In a |
| employees would no longer have to swipe cards. | | | | recent Interview, when asked, ‘What’s |
| Instead the RFID chips broadcast the cardholder | | | | next’ The Next Idea’s CEO and Managing |
| information over very short distances. Users can | | | | Partner, Robert Ancill said – ‘maybe your |
| just wave them in front of readers linked to the | | | | finger print will be your credit card!! |
| merchant’s point-of-sale system. Businesses | | | | |