Shortly after the year ends, credit card companies send out a summary of all the charges made against an account for the entire year, neatly divided into various types of charges to help customers with their income tax preparation. Every item shows the date, the time – down to the minute – the location, and the amount of the charge. This information was collected from the insertion, or swipe of a credit card, or the mere touching of a spot with a speed-pass key.
