Is your credit card ripe for a technology update? That’s what some entrepreneurs think, and they’re going all in on a new generation of credit cards that attempt to leverage emerging tech for an upgraded user experience.
Among the coolest new features of this breed of futuristic cards is their ability to create temporary virtual credit card numbers — which can be used for purchases and then disappear before they could possibly be used by a scammer. There are some great old-fashioned perks for these cards too, like the chance of earning 3x points or more on purchases.
The X1 Card
According to X1’s co-founder and CEO, Deepak Rao, there’s been “No true innovation in credit cards for multiple decades.” He notes that most people use basically the same cards as their parents and even their grandparents, and he cites cards that are still in