What comes into your mind when you hear of a card that can be used anywhere, anytime? I bet a feeling of convenience washes over you. At least you don't have to carry every other card to complete a transaction. A company named Stratos has developed a card that consolidates all your credit cards into one. The 3-years old company seems to have addressed most of the hitches that have been previously witnessed in the other similar cards.

According to Tech Crunch, the stratos universal card comes with a mag-strip reader that can easily snap in the 3.5 mm port of a smartphone without hassle. Once you have loaded the app, you need to swipe each card to add them into the system. If you are concerned with the breach of privacy that is associated with universal credit cards, then you need not worry. The card's security key is not in any way transmitted to the Stratos servers. However, the company will get the contact information associated with the card for the fulfillment of the legal requirement to verify the owner.

Notably, the card comes with an inbuilt circuit board that is fitted with a wafer-thin Li-on battery that can last for two years. Needless to say, everything is enclosed in a water proof encasing that passed ISO 7810 and 7816 tests. The bend, static shock and abrasion tests literally place the stratos card in the same level as the Visa.

The process of integrating other credit cards into one is intricate and sensitive. Stratos has addressed all the missteps that are likely to causes bugs and inconsistences. The result has been a thorough product worth every dime. Talking of security for instance, the card uses bank level encryption and comes with in-built proximity alerts. One handy function worth noting: this card can be set to be disabled if it has been separated from the owner's smartphone for a specific amount of time.

Stratos boasts a flawless system that allows you to access all your credit cards in one. From the mobile app to card itself to the subscription model itself, the company has given deep thought to every step. However, with the other similar products having been successfully introduced into the market, Stratos continues to face stiff competition. Apple Pay has undoubtedly been a great success and it's evident that Google together with Samsung are committed to upgrade their systems as well. Only time will tell who will reign supreme in the universal credit card world.