Smarter Credit Card: Display Card
Price: Free for certain cardholders
Availability: January 2013
Unlike the humble check, the credit card is adapting to the world of online commerce. To improve the security of Internet banking services, MasterCard has upgraded some of its familiar plastic cards with a number pad and small display. To access their accounts online, cardholders must enter a string of numbers on their card’s touch pad. The card’s display then produces a one-time pass code for use online. The same basic design can support more sophisticated features; for example, it might display the remaining balance on a card after each use. It’s initially being offered to customers of Singapore’s Standard Chartered bank.