What's in your wallet?
MasterCard has launched a new high
Technology credit card---
In addition to the integrated display and digital keyboard, it looks and functions almost exactly the same as a regular card.
The screen looks and behaves like the display on the calculator;
It should improve security by allowing cardholders to generate a one-time digital password for authentication.
MasterCard referred to it as display card technology and launched it in November.
Cooperate with Standard Chartered Bank of Singapore.
"Can we replace something that already exists in the customer's wallet instead of sending another clunky token to the customer? ” asked V.
Suba, regional head of retail banking products at Standard Chartered Bank.
"At that time, credit cards, debit cards and ATM cards were immediately thought.
The company noted that banks wishing to improve the security of online banking use separate authentication tokens or devices.
The display card can complete the following two functions at the same time-
In the future, it can contain additional features and be able to display other real-time information such as available credit balances, loyalty or bonus points, recent transactions, etc.
"With the continued growth of online and now mobile-initiated remote payments, consumers naturally demand increased security," explains MasterCard regional president Matthew driver . ".
"The innovative features of the display card meet this demand while enabling consumers to do more with the payment card.
The card is manufactured by NagraID Security.