Billy McFarland Steps Up to the Plate and in a Bold Way with His Millennial Offering of the Gleaming Black Magnises Social and Pay Card: It is Revolutionizing the Card Industry

Unborn ideas find homes: and such is the case with Billy McFarland’s spectacular bold black Magnises card. This card is much more durable than most cards that a user carries in his wallet. The card is made of metal so it is not going to wear out easily and also it is weightier so it is much easier to locate in a pocketbook or wallet. And, naturally, the user will wish to locate it easily. It is considered a “cool” card so it deserves a “front-row appearance”–so to speak–inside an individual’s pocketbook or wallet.

What industry professionals find interesting about McFarland’s take on the Millennial is that he has observed and knows much about what it is his co-peers deserve and are craving. He makes these observations and then puts them into play.

McFarland mentioned that most Millennials carry a debit card or bank card–that is a given. He wanted his card to provide the component of pay; however, he also wanted to provide the Millennial access to everything the city wherein he works and resides had to uniquely offer him.

McFarland put his plan into action: he decided to put a magnetic strip on his metal card. He located a source in China. Once the magnetic strip was added, he assured the Magnises card could be linked to the Millennial’s bank card or debit card, so that he could easily pay for purchases. The card presents a very nice appearance, in the way of payment.

Next, he built in the social component. According to The Guardian, Billy McFarland approached all of the city’s truly iconic venues and the trendiest places to go: he knew that the Millennial enjoyed having fun in places that were unique and highly-refined. He made the connection: and pretty soon, vendors–presenting as truly sensational–were on board with the Magnises company.

The idea of a social network card with payment option included is changing lives. The Millennials embrace it. It takes the Millennial to the city’s best venues and provides an impressive appearance. It is what the Millennial expects: he wants to socialize in truly “cool” environments; and likes to have a card available that is exceptionally refined when it is he wishes to go to pay for items and services.

Billy McFarland, himself grew up in New Jersey, where he attended private school. He then matriculated to Bucknell University, which is a private liberal arts college. McFarland became an entrepreneur at 13 years old. During that time, he put together a virtual based business.

Things You Need To Know About Magnises

Magnises, the new black card is set to change the way people see credit card rewards. According to Bloomberg, Billy McFarland, the founder of Magnises card, said that when he was at dinner with his friends, he realized that people do not have any networking or community aspect.

He added by saying that it is for that reason that the Magnises card sets out change the goal. McFarland stated that the card wants to connect people through a credit card that is more relevant to their lives regardless of whether they work in the fashion, technology or finance fields.

Magnises has more than 600 members, yet it was established just the other day. That means it has gained popularity because of its convenience and the benefits its members enjoy. Here are a few facts people ought to know about the card.

  • Magnises card is not a credit card. The black card functions by taking whatever credit or debit card a member uses and activates it to the metal Magnises card via the data on the magnetic strip. Essentially, it is a payment tool.
  • Its annual fee is $250. Anyone can now apply for the card. The application procedure is not complicated; you just need to submit an online application on their website and a phone interview.
  • Magnises card is only for people living in New York City, at least for now. Some cardholders are internationally based. However, the card focused on New York when it was launched. McFarland said that right now they are trying to help New Yorkers get the best out of their lives in New York. Billy McFarland said that they have plans to branch out to other cities shortly.
  • The highest percentage of card holders is between 21 and 25 years. However, McFarland noted that the card does not limit the age, income or occupation.
  • The card has more than 50 partnerships. The goal of these partners is to enhance the life of each member. The founder added that they plan to hold members-only events like parties, happy hours, educational talks and chef series dinners.