New Safe Credit Card
Introduction.
Whether you’re looking for a new credit card or are concerned about the safety of using your credit card – at last there is a new safe credit card that you can ask for. Currently only available as a Visa credit card it is the ultimate in new safe credit cards not only having an in-built chip, but also its own built-in keypad and LCD screen.
Visa CodeSure.
The new Visa CodeSure secure credit code.
Following months of trials in Europe the new credit card known as Visa CodeSure can now be being rolled out to banks. The card is the same size as the normal credit card you’re already familiar with and, on the front, looks exactly the same too. The difference is when you turn the credit card over. By the signature strip you’ll now see a small screen and a tiny 10 digit pressure keypad. The significance of this is that now, prior to a transaction being you enter the PIN number only onto the card – not a card reader that is not permanently in your possession or control. The result of this is a massive reduction in the risk of credit card fraud by a reader recording both your credit card number and its PIN. Visa CodeSure also means the end of the need to remember your Visa Verified id and password when making online transactions or needing to carry your own separate card reader around with you. Instead on entering your PIN onto the card a unique one-time pass-code will appear on the card screen instead.
The cost of safe credit cards.
The cost of the new credit card to you should be $0 – with the banks themselves picking up the bill for a credit card which is, understandably, much more expensive than the current ones in use. However, with credit card fraud still rising by around 15% a year surely that’s a cost the banks won’t mind if they are truly serious about reducing credit card crime. One thing to watch out for as a user of these new credit cards is that they do have an on-board battery to power them, that has a life-cycle of about 3 years. No problem really as all the banks need to do is have credit card expiry dates within the lifetime of the battery. But, as it contains a battery, please do remember to be a green card user and dispose of it in an environmentally friendly way.
