MasterCard will offer its customers interactive payment cards

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    Company Dynamics has signed a deal with MasterCard, in which the paying the operator will offer its clients online payment card, developed in the company. The Dynamics card is essentially an electronic gadget in the form factor of a regular plastic card with a magnetic strip, which can be used to manage all user accounts, as well as purchases both on the Internet and offline. Dynamics recently received a $ 70 million round of financing from MasterCard to develop its main product.



    Dynamics

    card The Dymamics card is a piece of plastic with an electronic circuit, unlock buttons, light indicators, a monochrome display and a battery to ensure the operation of its electronics. The card can be used for online purchases - after unlocking using a simple alphanumeric keyboard, the display will show part of the payment number (hidden in an inactive state), with which you can make a purchase. In order to pay in the POS terminal, the user does not need to enter a PIN code (this was done for security reasons) - after the owner unblocks, the account number intended for this purchase will be recorded on its magnetic strip, and after some time will be deleted, which makes a card useless if lost or stolen by an attacker.

    In addition to typical actions with a card, it, like an electronic gadget, can be programmed to manage user accounts and transfer money between them, receive or send bank payments, exchange currency and other similar operations, which in a similar case would require at least a smartphone with established by the bank application. The usual headache for the owners - the battery charge - as the company claims, is absent and you do not have to charge the card every night.

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