Major credit card issuers have announced new drag and drop credit cards
that will allow consumers to make online purchases by dragging and
dropping a virtual credit card into place instead of having to fill out
forms. The new e-cards are backed by major credit card comanies,
computer software firms, and online payment services. The e-cards
will look just like a conventional credit card and making purcahses
will be secure due to the use of a password that must be entered upon
making an online purchase. Upon receiving an e-card, consumers
will have an icon located on their computer that can easily be dragged
into place rather than having to complete long forms asking for credit
card information.
The credit card companies have long been in disagreement over the
standards that should be put in place for e-cards, but thanks to a new
programming language known as ECML, which has been developed by a major
software company, the credit card companies and online stores will be
able to incorporate the programming language into their own web sites
enabling the e-cards to function properly and online stores will be
able to accept the new form of payment instantly. E-cards will
serve to increase the already booming online sales industry and offer
consumers additional convenience and ease in making online purchases.