MasterCard and Visa has announced that it will be rolling out new credit and debit cards. The Card looks and feels like a normal credit or debit card but comes with an additional small display and a button that enables card holders to use the same card for standard banking payment functionality and to generate second-factor one-time passwords (OTPs), thereby providing strong authentication.
The new card is of the same size as a conventional credit card but features a miniature 10 digit keypad and a small display, and a battery that the Developer says lasts 3 years.
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