The MasterCard Display Card Allows People to Create One-Time Passwords
Meghan Young — November 9, 2012 — Unique
References: newsroom.mastercard & psfk
Touted as the next generation of credit cards, the MasterCard Display Card boasts a touchscreen that will enable people to create a One-Time Password (OTP) to increase security measures. Looking and functioning almost like a regular credit, debit or ATM card, it has an embedded LCD display and touch-sensitive buttons that takes it to a whole new technological level.
Manufactured by NagraID Security, the MasterCard Display Card was created in collaboration with Standard Chartered Bank. Unveiled as Singapore’s first interactive payment card, it could provide more functionality in the future. For instance, the MasterCard Display Card may be able to provide information on a person's available credit balance, loyalty points, recent transactions and other real-time information
Manufactured by NagraID Security, the MasterCard Display Card was created in collaboration with Standard Chartered Bank. Unveiled as Singapore’s first interactive payment card, it could provide more functionality in the future. For instance, the MasterCard Display Card may be able to provide information on a person's available credit balance, loyalty points, recent transactions and other real-time information
Trend Themes
1. Touchscreen Credit Cards - The rise of touchscreen technology in credit cards has opened opportunities for increased security measures and additional features.
2. One-time Passwords - The use of One-Time Passwords is becoming a popular method for added security in the financial industry.
3. Interactive Payment Cards - Interactive payment cards are transforming the way people conduct transactions and may offer new features in the future.
Industry Implications
1. Financial Services - The financial services industry will benefit from increased security and additional features with the rise of touchscreen credit cards.
2. Technology - The technology industry will play a crucial role in developing new advancements in interactive payment cards.
3. Manufacturing - Manufacturing companies like NagraID Security will continue to drive innovation in the production of interactive payment cards.
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