Nov 16, 2012

Smart Credit Cards

Here is something coming to your wallet, a new MasterCard that has LCD screen and keyboard. The credit card with an LCD display and built-in keyboard has been launched in Singapore by MasterCard  The card will be available from January before being rolled out globally.

The card has touch-sensitive buttons and the ability to create a one-time password. Future versions of the card could display added information such as the remaining balance or display information such as loyalty or reward points or recent transaction history.

Last year, Visa announced a similar card with interactive functions. Smartphone manufacturers are hoping that enhanced credit cards will be quickly replaced by near-field communication feature that many smartphones already have.

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