Check this out!
I saw this in Burger King the other day.
According to the Touch 'n Go press release..
Fascinating!
And it works! XD Pretty much like a credit card transaction, just that no signature needed.
I guess there are definite pros and cons to this prepaid debit card system. Convenience is definitely the main deal here. Imagine going to a drive thru, order, touch, grab and go! Freaking cool man.
But then, imagine waking up to find your car windows smashed and your TnG card missing, already halfway touching and going away with burgers and movie tickets! Geeez... I mean there isn't much security. It's not like your Touch and Go is registered and you can cancel it when you lose it.
Then again, the amount you pre-pay for is relatively little compared to e.g. a 5k credit limit... But hey it's still something right? Some people have got their Touch 'n Gos hooked up with a credit card / bank account so it reloads whenever the balance falls under some amount. So if a thief gets it, free fast food! And movies.
I saw this in Burger King the other day.According to the Touch 'n Go press release..
In this introductory stage, six retail merchants comprising fast food chains Burger King and A&W, Dunkin Donuts, Caltex Starmart, Cathay Cineplexes and 7-Eleven make up a total of 15 outlets around the Klang Valley equipped with the Touch ‘n Go readers for payment purposes.
The Touch ‘n Go application will also be applicable for payment at outlets with drive-thru lanes.
Fascinating!
And it works! XD Pretty much like a credit card transaction, just that no signature needed.I guess there are definite pros and cons to this prepaid debit card system. Convenience is definitely the main deal here. Imagine going to a drive thru, order, touch, grab and go! Freaking cool man.
But then, imagine waking up to find your car windows smashed and your TnG card missing, already halfway touching and going away with burgers and movie tickets! Geeez... I mean there isn't much security. It's not like your Touch and Go is registered and you can cancel it when you lose it.
Then again, the amount you pre-pay for is relatively little compared to e.g. a 5k credit limit... But hey it's still something right? Some people have got their Touch 'n Gos hooked up with a credit card / bank account so it reloads whenever the balance falls under some amount. So if a thief gets it, free fast food! And movies.
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