Can I make my own Credit Card Business?

So I think personalizing credit cards is cool. I think it would be nice to have a kiosk in the mall where you could walk up and plug your credit card in and maybe a picture, and the machine would eat your old card and spit out a programmed, customized new card.

Can this be done, or are there significant legal hurdles restricting unauthorized credit card reproduction?

What’s the big deal as long as the old card is accounted for and destroyed?