Here is a terrific article about a new trend in consumer spending habits. It focuses on the convenience of use of debit cards vs. high interest credit cards.

This augers well for us at Revolution Money. We have built a next generation payments platform and one that combines online and offline. You can connect your checking account to the piece of plastic.

The card - Revolution Card - is a credit card. It is also a debit card. And it is an ATM card. And it can connect to your online PayPal-like account from us. All in one.

It works like a debit card in that it is PIN based. Because it is PIN based, it is safe and secure. It doesn’t have an account number on it. It doesn’t have your name on it. It doesn’t have your signature on it.

Debit is a big part of the payments future. Being able to load your dollars from your online account into your personal account and pay for products and services from your prepaid or debit account is going to be massively important to consumers.