Detailed text transcripts for TV channel - MSNBC - 20110309:14:36:00
>> reporter: those old magnetic stripes, they went on credit cards in the 1960s. we're talking about 1950s technology. they came out about the same time as the ibm selectric two tires. the most important thing is our money we haven't kept up here in the states. i have a couple of credit cards in my hand. i can show you some of the new things. this one here is made by a company and should be available to consumers this year. you press a button here and there's a screen where you gate one time code that you enter on a website or a store. this card rotates like some of the people you may have a t...
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