With the new display card, Taiwanese consumers will be able to access a range of mobile financial services such as online transactions using 3D authentication security and non-predesignated account transfers.
How it works
Conceived as an interactive payment device, the card features one-time password (OTP) security technology combined with two-factor authentication. To use the card, a cardholder can lightly tap a button on the credit card and a six-digit screen in the top right corner will display the one-time dynamic password. The embedded technology eliminates the need to wait for a text message during the initiation of a non-predesignated account transfer.
Swiss security specialist NagraID Security was selected as the technology provider for the program.
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