The ‘Loop’ Stores Your Credit Card Information for On-the

 - Feb 24, 2014
References: gigaom & gizmodo
The ‘Loop’ is a tiny credit card carrier that can essentially store your information without the need of the actual card. It also lets you pay at any terminal and guarantees you’ll never have the fear of taking your wallet out in public again. It has a slim programmable card that is stored inside the unit as a credit card alternative.

This unit enables you to swipe for payment transaction when necessary. The Loop works by generating a magnetic field that registers as a swipe at credit card terminals so you won’t have to carry any extra cards. This innovative compact credit card carrier comes in a small fob model that is worth $40 and a charging case for your iPhone that’s also worth $100 for purchase.