Many market analysts in the industry are steadily aware that, new biometric and
Dynamic Card Verification Value (dCVV) card technologies will drive future
revenue growth in the (Europay-Mastercard-Visa) payment cards markets.
The new form factors capitalize on consumer safety and will gain
momentum as the focus turns to enhancing physical to CNP (card-not-present)
fraud.
For those who are unfamiliar, Biometric cards featuring integrated sensors identify
their card holders providing an additional strong authentication method for
physical payments.
according Display cards with dCVV and/or one-time password
(OTP) functionalities will replace the static three-digit card verification code currently
located on the rear of debit and credit cards with a small display screen that
changes the card holder’s unique card verification code every few minutes.
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