Sign up for the FREETell Membership and receive benefits that include the digital edition of Tell magazine sent straight to your inbox, product giveaways, coupons and much more!
Avesco Inc. has has developed a new type of “Smart Card” that incorporates a digital display along with buttons. The combination of buttons and a display adds an extra security layer. The user has to enter the correct pin in order to unlock the card for transactions. As a gift card it can display the balance and expiration date. As a membership card it can display the balance points, membership level. However the main threat is misuse of the credit card on the Internet and this smart card displays a unique verification code or One Time Password (OTP) for each transaction, rendering a static credit card number useless.
Via [New Launches]
Related posts: