Identity in Payment, Banking, Transit, Loyalty, Parking

Upgrade from Visa makes card transactions more secure

Tuesday, June 8, 2010

A new payment card from Visa has recently been made available in Europe. The card, called CodeSure, will be designed specifically for conducting more secure online transactions.

The card’s technology uses a PIN for each transaction to prevent any fraudulent activity. The card features a keypad and eight-character display for showing a one time password for any Visa debit or credit card. The current security measures from MasterCard and Visa still rely on a static password which makes the account more vulnerable to attack.

For businesses the CodeSure card allows organizations to use the card in place of other online log-in systems to securely access private networks and corporate accounts. [end] 

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