In a bid to remove online fraud’s existence, Visa have developed a new secured card which will prevent any kind of online fraud. Visa CodeSure card has an 8 digit alpha numeric display unit and 12 button-keypad which will be powered by a battery. This display will make any transaction made through Visa CodeSure Card a two way process. This is how the new card works;
• Before any kind of transaction, press Verified by Visa button on the card
• This will prompt you to enter your PIN on the card
• Once you enter your PIN, the card will give out a one-time unique pass code
• Using this Verified by Visa pass-code complete your transaction
Though Visa CodeSure cards will be costlier than today’s credit/debit cards, but surely it has more things to offer. Having launched them commercially, Visa CodeSure cards are the future.