MasterCard Puts Out Card with Display and Keypad

Next time you get a new card from your bank, don't be surprised if it has a keypad and an LCD on it. Meet MasterCard's new Display Card, which basically combines the usual credit/debit or ATM card with an authentication token. The authentication portion features a touch-sensitive keypad and LCD display - hence the name Display Card - for reflecting a one-time password (OTP).

Yet, according to MasterCard, the Display Card looks and functions almost exactly like a regular credit, debit, or ATM card. Currently, many banks issue a separate authentication token for online banking services, particularly high-risk transactions, such as payments or transfers above a certain amount, adding payees, or changing personal details. The new 2-in-1 cards would therefore eliminate the hassle of carrying a separate authentication device - good news for people who carry their whole lives in their pockets.