MasterCard to release credit card with display and keypad in 2013

Shawn Knight

Posts: 12,206   +120
Staff member
Near Field Communication has been at the forefront of payment technology for a couple of years now. We've seen the tech ship on multiple smartphones to facilitate paying for things at places like gas stations and convenience stores. A new...

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Case #1
Buyer: OMG! I forgot to bring cash!
Cashier: Don't worry, we accept any kind of credit cards, sir
Buyer: Thank God.. Here's my card

Case #2 using this new type credit card
Buyer: OMG! I forgot to bring cash!
Cashier: Don't worry, we accept any kind of credit cards, sir
Buyer: Here's my card.. ... ..Wait! I think my card is running out of battery
Cashier: ...
 
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Wendig0

Posts: 1,153   +145
How is this supposed to be easier than just swiping the card, or tapping it on the thingamajoo for nfc?
 
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Not long after Mastercard issued this card, they will issued new type credit card which you can installed apps and update your facebook status or twitter from your credit card :D
 
This I very interesting concept allowing someone to telesign in a transaction or payment with the OTP. I'm hoping that more companies start to offer this awesome functionality.
 

TechMancer

Posts: 56   +2
Will this be the same size as the standard card? I think not, because of the components necessary to give it a working keypad and display. Final size? I'd say around 3x2x1/4 (in inches).
 

TJGeezer

Posts: 385   +10
Seems a one time password tech would be effective against, for example, the fake ATM covers that have appeared, made by 3D printing processes and used to steal card numbers and passwords. I like it. A lot would depend on how big a hassle it is to use.
 

ikesmasher

Posts: 3,050   +1,368
Still see cards running out of power considering cards tend to spend almost all their lives inside wallets or purses and in the dark.
except when you need to take them out to use them. which is the only time you need them to work.
 

p51d007

Posts: 2,374   +1,631
I dont' know...I think ring-back-fibulator or Knutz-en-valve might be more appropriate ;)
As long as you have plenty of blinker fluid or muffler bearing grease, shouldn't be an issue.


How is this supposed to be easier than just swiping the card, or tapping it on the thingamajoo for nfc?
"thingamajoo" gotta say awesome word you made there, I like it :)
 
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jobeard

Posts: 13,832   +1,749
Would I use it - - never. I refused a NFC enabled card some time back and requested a dumb card instead. If that can't be done, I for one will close the account (got too many anyhow!)
 

St1ckM4n

Posts: 2,887   +627
This seems quite soon for such fancy tech.

Also, if people can still sign for ccards, every security point is moot.