Saturday, January 2, 2010

Visa prevents fraud by making Credit Card Changes


Next Generation Credit Card sports an LCD and Keypad:

Visa plans to release a new version of credit card that will cut down online shopping fraud.

This new credit card will be the same basic size and form, but with one huge difference -


  1. It will have a built in LCD and keypad on the back of the card,

  2. Powered by a builtin battery that will last upto 3 years, these card will work until they expire and there is no need to worry about charging them.

These credit cards will prevent fraud is by making it necessary for users to input their pin everytime they make an online purchase. The card will display unique security code, which must be entered into the website, which it will forward to Visa server's where the purchase will be approved.


The company hopes that this card will boost shopping over internet and it will be tested in Britain early next year by company MBNA



Source:- Brickhouse Security, By Stan Shyshkin

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