Visa Europe, Europe's leading payment system, today launched the CodeSure Matrix Display card, the latest addition to its CodeSure card range.
Built on the multi-channel authentication system offered by CodeSure, the Matrix Display card adds a fully customisable dot matrix display that supports local languages and non-Roman character sets. The card also has a smartphone-like 'soft touch' keypad and a highly visible power button that, combined with the new matrix display, helps banks customise the product to local language and usability preferences.
Designed to add security for consumers in Card Not Present (CNP) purchasing environments, the CodeSure range also incorporates contactless payments technology within a card that is the same size as traditional debit and credit cards.
The 'soft-touch' interface provides a more intuitive user-experience when pressing the keypad and offers banks great opportunities to issue CodeSure as a mass-market consumer proposition. As part of the CodeSure authentication system, cardholders are able to use services like Verified by Visa (VbV) without having to register or remember a static VbV password. The system can also be used for services like eBanking, telephone banking, transactions signing and access to third party services.
Riten Gohil, Business Lead for CodeSure at Visa Europe, said: "The CodeSure solution adds extra security for consumers in today's thriving online environment. As the latest addition to the family of cards, CodeSure Matrix Display proves our focus on using innovative technologies to help our member banks meet the needs of their customers, such as displaying prompts in local languages such as Greek, Turkish and German."
The Visa CodeSure Matrix Display card was jointly developed by Visa Europe and its technology partners, Emue Technologies and NagraID Security. It uses Emue's Mutual Authentication technology, which securely identifies the consumer and bank to each other during a transaction, alongside the manufacturing expertise, display and user interface technologies developed by NagraID Security.
Brendan McKeegan, CEO, Emue Technologies said: "Having supported the development of the security system that underpins CodeSure, we're pleased to see the addition of the Matrix Display card from NagraID Security to offer a fully customisable card and a touch keypad for a smarter user experience."
Cyril Lalo, CEO, NagraID Security said: "Working closely with Visa and Emue, Nagra ID Security's Innovation team lead by Philippe Guillaud has once again pushed the technology limits of the display card to develop a best in class product with CodeSure Matrix Display that the market will value for its balance of security and convenience in a standard Visa payment card."
Visa Europe will introduce the CodeSure Matrix Display card through a variety of projects ranging from medium-sized trials to large commercial projects over the coming months.