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Put a parental lock on your credit card

This is indeed useful. Put individual restrictions on your smart card carrying credit card, allowing use exactly the way you want it.

Great thing for parents, shop-a-holics, companies where people share the same card and so on.

The system will allow Junior's credit card to be programmed with any restriction the parents choose to impose -- mom can, for example, restrict the card to weekday use at designated stores, limit purchases to books and cap spending at $20 per purchase.

I guess rules could even be created limiting spending during weekdays and allowing for more expenditures on weekends. I would need that. ;)

Wired News: Sorry, Your Card Is No Good Here

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