Mastercard delivering cards with OTP device included
Published: 2010-06-15. Last Updated: 2010-06-15 08:26:28 UTC
by Manuel Humberto Santander Pelaez (Version: 1)
3 comment(s)
by Manuel Humberto Santander Pelaez (Version: 1)
I live in a country where credit and debit card fraud is pretty high and unfortunately banks have not provided secure means to avoid credit and debit card cloning. In USA, I have seen OTP devices to access online banking, but credit cards are pretty much the same. I learned that Mastercard will provide credit cards with OTP included. This is great news because will decrease bank fraud a lot.
More information at http://www.slashgear.com/mastercard-trialling-smart-credit-cards-with-display-keypads-1089351/
-- Manuel Humberto Santander Peláez | http://twitter.com/manuelsantander | http://manuel.santander.name | msantand at isc dot sans dot org
Keywords: Mastercard OTP credit debit card fraud
3 comment(s)
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It probably wasn't too tough for them to find, though. The bad charge was for $42.90 from "Bibit Internet Payments". Googling that firm shows lots of people complaining about bad charges from them, some for the precise amount that hit my card. Can you spell "inside job"? :-)
JJ
Jun 15th 2010
1 decade ago
joeblow
Jun 15th 2010
1 decade ago
http://www.computerworld.com/s/article/9177663/Visa_launches_one_time_passcode_cards_in_Europe?taxonomyId=17
BDS
Jun 15th 2010
1 decade ago