Saturday, May 21, 2016

pad, Screen Built into New Credit Card


To some, the new "Display Card" from MasterCard may look like a cross between a pocket calculator and a credit card.

But the new design is mnt to improve security, not arithmetic.

The card, which ftures a pad and a liquid-crystal display, lets the cardholder erate a one-time (OTP) to be used for transactions that require a higher level of authentiion. Once the OTP is selected, it will be shown on the L.

Customers of the Singapore subsidiary of London-based Standard Chartered bank will begin to use the new card in January, MasterCard said in a statement.

Beyond improved security, MasterCard said the technology could be used to display account balances, rewards points, recent transactions and other banking information.

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