quote: What happens when you lose your debit card? I'm guessing you would have a pin. Plus, once you lose it, you call an deactivate it like a credit/debit card. I don't see any more risk wiht this than the current plastic everyone carries now.
quote: You didn't enough thought into it either...simply having a PIN number would make a stolen phone useless, except to make phone calls. Granted criminals might steal it anyways, since they are not always the brightest individuals.
quote: Also, hacking plastic isn't hard...pay some Russian $10 a card number and encode them onto a card. No need to hack the card when people steal millions of cards info.