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

**AdPatron** · 06-05-2010, 01:42 AM

No photos?

**BIGTYMER** · 06-05-2010, 01:49 AM

Lets hope this doesn't take off.

**notime** · 06-05-2010, 01:52 AM

Originally posted by JoesTraffic

No photos?

**PhDV** · 06-05-2010, 01:57 AM

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, 02:10 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, 02:47 AM

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

**Jack Sparrow** · 06-05-2010, 02:51 AM

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, 03:01 AM

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, 03:09 AM

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

**Jack Sparrow** · 06-05-2010, 03:12 AM

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, 04:21 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, 04:53 AM

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, 05:08 AM

the added security is great

**notime** · 06-05-2010, 05:13 AM

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, 05:17 AM

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

**madawgz** · 06-05-2010, 09:26 AM

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, 09:55 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, 10:00 AM

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, 10:01 AM

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, 10:05 AM

ya das koo

**notime** · 06-05-2010, 10:09 AM

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, 10:50 AM

very strange looking card

**directfiesta** · 06-05-2010, 12:03 PM

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, 12:46 PM

Anti-fraud protections are always good.

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

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

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