Visa PIN Card
To combat fraud telematics are making great strides and, if until recently, innovation was represented by the device provided by some banks (which we already discussed in our guide), can generate a new code every time you access your account, required to carry out any banking operations Visa Europe makes a great novelty in combating fraud involving credit cards, the Visa PIN Card pilot project
The Visa PIN Card is apparently a regular credit card or debit card, but on the back has a sort of keyboard with 12 buttons. Innovation is represented by a combination of microchip technology to create a unique alphanumeric code, then change to every transaction.
The code appears on a screen on the back of the card (which also has battery life 3 years) and then will only be visible to the holder of the card.
For example, a user must carry out a transaction CNP (card not present), so online or by phone, activate the authentication process by pressing the button on the back of the card, insert your PIN on the keyboard of his Visa Card and PIN immediately established a code will be valid only for that operation that will be inserted into an interface and will serve to validate the operazine same. This way you can make any card transaction with a level of security than ever before.
The Visa PIN Card was developed in collaboration with the British company Emue Technologies.