G&D Launches Display Cards for Online Payments

Dec. 6, 2010

Munich, Germany-based payment card manufacturer Giesecke & Devrient (G&D) recently announced it has introduced two new display card models that make online banking and online payments more secure. Both card products generate one-time passwords for online applications at the touch of a button, with the passwords appearing on a flexible display embedded within the card. One-time passwords provide online shoppers with an additional layer of security when making purchases in addition to their usual login name and password. Access is not granted until the password has been successfully verified by the Website. “Security issues are increasingly coming to the fore in online banking,” said Axel Deininger, head of the payment division at G&D. “Our new card solutions are designed for consumers who are looking for enhanced security in an easy-to-use format. Banks and credit institutions benefit from a high degree of flexibility and an additional authentication system that is easy to integrate. G&D’s new display cards fulfill all the market requirements, offering a solution that can be introduced both rapidly and cost-effectively.”