For those who wants to experiment with the concept of
"Credit Cards For The Homeless", or who have kids that
they don't trust with a big lump of cash.
This is a prepaid credit card. However the issue with
normal prepaid credit cards, is they tend to be just like a
normal prepaid card. All
the funds are accessible at any
What if you can insert a few thousands of dollars into a
"holding account" in the card, and have it transferred in
steady amount of your own choosing each day.
Since the users of the card might not have access to a
screen, it will optionally have it's own eink display to
display the current amount in the card.
The owner of the card, has the ability to monitor the
transaction at any time, but cannot remove the funds.
They can be optionally alerted if the funds draws down a
certain amount, to which they can choose to either
or not renew. If not renewed, the user will be alerted
the card will run out in the near future.
Yea I know you can technically do auto transfer from
your bank to this card manually. But for stuff like this, I
want a fire and forget kind of thing. But I still am
interested in monitoring it, and maybe collating it in an
json api to gather statistics etc...