Visa introduces new card with eight-digit keypad and built-in screen that displays single-use codes - GoFuckYourself.com

notime · 06-05-2010, 02:06 AM

http://translate.google.com/translat...C1&sl=nl&tl=en

AdPatron · 06-05-2010, 02:42 AM

No photos?

BIGTYMER · 06-05-2010, 02:49 AM

Lets hope this doesn't take off.

notime · 06-05-2010, 02:52 AM

Quote:

Originally Posted by JoesTraffic

No photos?

PhDV · 06-05-2010, 02:57 AM

Quote:

Originally Posted by BIGTYMER

Lets hope this doesn't take off.

Why?
Looks cool and much secure...
I'd get one

Domain Diva · 06-05-2010, 03:10 AM

im trying to figure how visa verifies the code the card has produced ? does the card produce random digits or pre-stored digits ( if pre-stored..it makes it vunerable to be cracked !???).....looks neat but im totally lost on this concept.

Raf1 · 06-05-2010, 03:47 AM

seems interesting, but I'm pretty sure they're going to fuck it up somehow

Jack Sparrow · 06-05-2010, 03:51 AM

Quote:

Originally Posted by CyberClaire

im trying to figure how visa verifies the code the card has produced ? does the card produce random digits or pre-stored digits ( if pre-stored..it makes it vunerable to be cracked !???).....looks neat but im totally lost on this concept.

Not sure if its like the dutch internet bank accounts, but those interact the produced codes with that from the bank through a callback algo. Then it verifies the code with another code the bank sends. If they match it will go through.

Domain Diva · 06-05-2010, 04:01 AM

Quote:

Originally Posted by mrfrisky

Not sure if its like the dutch internet bank accounts, but those interact the produced codes with that from the bank through a callback algo. Then it verifies the code with another code the bank sends. If they match it will go through.

I have the data somewhere....that stated over 60 percent (or something like that ) of people screw up filling in all online credit card order forms already......so I can only imagine what will happen if they own one of these cards then !

ottopottomouse · 06-05-2010, 04:09 AM

If you can make it someone else can crack it, nothing is the perfect solution to card fraud.

Jack Sparrow · 06-05-2010, 04:12 AM

Quote:

Originally Posted by CyberClaire

I have the data somewhere....that stated over 60 percent (or something like that ) of people screw up filling in all online credit card order forms already......so I can only imagine what will happen if they own one of these cards then !

Its actually a bit simpler the that lol.

eroticsexxx · 06-05-2010, 05:21 AM

I can appreciate the added security, but I'm an impulse online buyer if there ever was one.

My card #'s are memorized. Having to dig out my CC every time I made a purchase would be annoying.

BIGTYMER · 06-05-2010, 05:53 AM

Quote:

Originally Posted by PhDV

Why?
Looks cool and much secure...
I'd get one

Rebills. You can't rebill a single use card #.

stonehammer · 06-05-2010, 06:08 AM

the added security is great

notime · 06-05-2010, 06:13 AM

Quote:

Originally Posted by BIGTYMER

Rebills. You can't rebill a single use card #.

I don't think it's a single-use card but it just generates a single-use code that is valid for a short time. So if your creditcard info gets stolen, the info becomes useless to others after, say, 15 minutes. Maybe the extra security codes can be used with rebilling, if that is what the user ordered and used the code for that subscription order.

Maybe the charge backs will be even less since the surfer cannot say anymore that it was not him who used the card on a pornsite. Since nobody else had the code, it must have been him IMO.

candyflip · 06-05-2010, 06:17 AM

Its ever so obvious these days that "CyberClaire" is some dude using that dumb chicks GFY nick.

madawgz · 06-05-2010, 10:26 AM

Quote:

Originally Posted by BIGTYMER

Rebills. You can't rebill a single use card #.

all its doing is apparently generating a new cvv2 number on the back, which is longer than the normal 3 digits

notime · 06-05-2010, 10:55 AM

http://www.dailymail.co.uk/sciencete....html?ITO=1490

Users have to input their Pin every time they make an online purchase.

The card then displays a security code, which must be entered into the website. If the code is authorised by Visa's servers, the purchase is approved.

The company hopes the card could boost shopping over the internet.

'We saw a big rise in online shopping, but consumers were still worried about fraud,' said Sandra Alzetta of Visa.

'We hope this new card will help allay those fears, and give consumers more confidence when shopping online.'

Read more: http://www.dailymail.co.uk/sciencete...#ixzz0q0CTOJgX

http://www.pcworld.com/article/11591..._displays.html

http://www.switched.com/2008/11/16/n...ecurity-codes/

notime · 06-05-2010, 11:00 AM

Quote:

Originally Posted by madawgz

all its doing is apparently generating a new cvv2 number on the back, which is longer than the normal 3 digits

This is added extra, it's not replacing the cvv2.

The random number generator is simply an algorithm and it is intitialised with a secret code. This means the bank can set the secret prior to sending you your card and then keep their algorithm (on their server) in sync with yours.

That somebody would somehow break this algorithm is misplaced as their are internatioanlly recognised algorithms accepted and tested by the community/academics/NSA that cant be cracked within the lifetime of the universe using current computers.

A man in the middle attack would be a possibility but not in the presence of SSL which is being checked by the browser.

If this is a one time code then a man in the middle attack would only grab a code that can be used once and probably for a limited period of time or not at all if your transaction has gone through. This seerely limits the exposure of your card as the static card number is not being used to authorise a transaction.

All in all this idea is a good one that will protect consumers and make them more confortable using a creditcard to purchase online and feel safe doing so.

FlexxAeon · 06-05-2010, 11:01 AM

Quote:

Originally Posted by CyberClaire

im trying to figure how visa verifies the code the card has produced ? does the card produce random digits or pre-stored digits ( if pre-stored..it makes it vunerable to be cracked !???).....looks neat but im totally lost on this concept.

it's a built in security token

http://en.wikipedia.org/wiki/Security_token

I have one of these for my biz bank account and also for an mmo video game (don't laugh) for fraud protection

in a nutshell - the tokens all have like a "id number" on them. i'm sure the number it generates is based on that and an internal algorithm or equation involving time. you register the id number with whatever company (bank) which also knows the equation, the two can generate the "one time password" whenever necessary.

they been around for a while - i've had my bank one (keychain kind) for 7-8 years. putting it on a card is brilliant

edit: damn you notime for beating me to it!!

SomeCreep · 06-05-2010, 11:05 AM

ya das koo

notime · 06-05-2010, 11:09 AM

Quote:

Originally Posted by FlexxAeon

edit: damn you notime for beating me to it!!

The higher purpose is to get people buying online again with a creditcard that are now scared to do so. Also this could combat end user chargebacks and (affiliate) fraude.

Just imagine this

This is good for our industry

Manowar · 06-05-2010, 11:50 AM

very strange looking card

directfiesta · 06-05-2010, 01:03 PM

Quote:

Originally Posted by FlexxAeon

it's a built in security token

I use something like that fore VPN access ... SAecurity token is provided by RSASecurity.
The codes changes randomly but sometimes the token needs to be resynced .

fatfoo · 06-05-2010, 01:46 PM

Anti-fraud protections are always good.

06-05-2010, 02:06 AM	#1
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	Visa introduces new card with eight-digit keypad and built-in screen that displays single-use codes http://translate.google.com/translat...C1&sl=nl&tl=en

06-05-2010, 03:10 AM	#6
Domain Diva Too lazy to set a custom title Industry Role: Join Date: Oct 2007 Location: UK/USA/Canada ICQ : 494318698 Email:[email protected] Posts: 10,180	im trying to figure how visa verifies the code the card has produced ? does the card produce random digits or pre-stored digits ( if pre-stored..it makes it vunerable to be cracked !???).....looks neat but im totally lost on this concept. __________________ Cams-Tube-Dating Domains Available At Trade Prices ! Domains For Sale ICQ:494318698

06-05-2010, 03:47 AM	#7
Raf1 Too lazy to set a custom title Join Date: Oct 2003 Location: Writer for hire :) Gallery descriptions, articles, blog posts etc. ICQ: 209 356 106 Posts: 12,117	seems interesting, but I'm pretty sure they're going to fuck it up somehow __________________ 80% Revshare or 30$ PPS on $1 trials: 200 Niches = Vidz.com Galleries / FLVs / Embeds 3 & 5mins FLVs \| RSS & Tube Feeds \| Matching Thumbs \| FLV Browser & Exporter \| No Prechecked Xsales >> Mobile Redirection Script: mobile.vidz.com also paying 80% net Lifetime << ICQ: 198-394-557

06-05-2010, 04:09 AM	#10
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	If you can make it someone else can crack it, nothing is the perfect solution to card fraud. __________________ ↑ see post ↑ 13101

06-05-2010, 05:21 AM	#12
eroticsexxx Confirmed User Industry Role: Join Date: Aug 2006 Location: Nassau, Bahamas Posts: 3,133	I can appreciate the added security, but I'm an impulse online buyer if there ever was one. My card #'s are memorized. Having to dig out my CC every time I made a purchase would be annoying. __________________

06-05-2010, 02:42 AM	#2
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	No photos?

06-05-2010, 02:49 AM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Lets hope this doesn't take off.

06-05-2010, 06:08 AM	#14
stonehammer Confirmed User Join Date: Feb 2008 Posts: 1,430	the added security is great __________________ GFY Educational Series: Buying Skimmed Traffic for Websites

06-05-2010, 06:17 AM	#16
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	Its ever so obvious these days that "CyberClaire" is some dude using that dumb chicks GFY nick. __________________ Spend you some brain. Email Me

06-05-2010, 10:55 AM	#18
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	http://www.dailymail.co.uk/sciencete....html?ITO=1490 Users have to input their Pin every time they make an online purchase. The card then displays a security code, which must be entered into the website. If the code is authorised by Visa's servers, the purchase is approved. The company hopes the card could boost shopping over the internet. 'We saw a big rise in online shopping, but consumers were still worried about fraud,' said Sandra Alzetta of Visa. 'We hope this new card will help allay those fears, and give consumers more confidence when shopping online.' Read more: http://www.dailymail.co.uk/sciencete...#ixzz0q0CTOJgX http://www.pcworld.com/article/11591..._displays.html http://www.switched.com/2008/11/16/n...ecurity-codes/

06-05-2010, 11:05 AM	#21
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	ya das koo __________________ Webair Hosting I use and recommend Webair for hosting.

06-05-2010, 11:50 AM	#23
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	very strange looking card

06-05-2010, 01:46 PM	#25
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	Anti-fraud protections are always good. __________________ Send me an email: [email protected]