Credit Card Comes With Keypad

November 05, 2007, 1:00 a.m. EST 1 Min Read

SAN DIEGO - A wafer-thin credit card with a 12-button keypad, an embedded alphanumeric display and microprocessor was rolled-out last week at the International Card Manufacturers' annual Card Manufacturing and Personalization Expo here.

The tiny keypad allows card users to configure and reconfigure their PINs to facilitate secure transactions for online, phone or ATM transactions. For example, a user can enter his or her secret PIN into the card's keypad to receive a numeric passcode for one-time use.

To authorize a banking transaction, the passcode is entered into an interface and instantly validated by an authentication server. This process removes the need to enter a PIN into an unsecure device such as a web browser.

The card was developed by Innovative Card Technologies and Emue Technologies. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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