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New from Korea: credit card / USB combo

Daniel Ray

You knew this had to happen: A South Korean bank has issued a combo contactless credit card / USB device to make spending money faster and easier and more secure.

The Visa-branded device from Shinhan, a major Korean financial institution, was unveiled Dec. 27. It can be used online and in stores that have compatible devices. Because it stores your financial information in an integrated circuit chip, you don’t need to type in a credit card number. Just plug it in and away the wons go. (Wons are the South Korean currency.)

shinhan_usb.jpg

According to the company, “It provides the online and contactless payment functions. And the card itself can be an accessory as well. We think those young customers familiar with the online and mobile payment will prefer the USB type credit card.”

The gadget does not let you store other things in its memory, so as of now, trendy Koreans can’t use it to snag some kimchi to go AND download the latest KPop from BoA. Maybe that’s in version 2.0.

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