MasterCard set to release a credit card with display, keypad next year

MasterCard have worked with Standard Chartered in a new credit card that sports a built-in display and touch-sensitive keypad. The card itself is being touted as an interactive payment card, or security token card, featuring the credit card company's Display Card technology.

The display and keypad will allow the cardholder to generate a one-time password that can be used as an authentication security measure. MasterCard have said that future revisions will be capable of displaying things like available card balance, loyalty and reward points, recent transactions and other interactive information.

The card will become a standard issue item for all Standard Chartered Online Banking and Breeze Mobile Banking users starting January 2013. The card will become very useful for high-risk transactions such as payments or transfers above a certain amount of when adding third-party payees.

Also, all MasterCard Super Salary, XtraSaver and Bonus$aver debit cards issued in Singapore will be converted over to the new Display cards. The company have unfortunately not said if these cards would be issued out in other countries.