Monday, November 17, 2008

New Visa Card, Generates Random Security Codes

In response to popular concerns with online credit card fraud, Visa Europe has announced a newly designed credit card, complete with a keypad and digital number display, according to the Daily Mail. While the credit card is of the usual size and features a credit card number and magnetic strip for use with conventional card readers, it does not have a security code number in the traditional sense. Instead, cardholders will enter their PIN into the keypad, which will then generate a random number on the display. This random number will serve as the cardholder's one-time security code, which can then be entered to make online purchases.

read more | digg story

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