The leading credit card company Visa’s developing PIN pad credit card will be being tested very soon and the results at the end of the trial will determine whether or not it is mass produced for other banks to start giving out to customers who would benefit from it. The card would be most beneficial for those who do a lot of shopping online and who are concerned that their details are vulnerable. However, as mentioned in the first part of this article, Visa is also developing some other very exciting technologies at the moment. Visa’s near-field communication (NFC) technology will allow people to organise their payments through their mobile phone and also to pay for items with it by waving the device over a scanner. This technology may be new and innovative here in the UK, however, this technological knowledge has been being widely used for a while now over in Japan and it is even possible for people to see an item in a magazine that they would like and by simply waving their NFC capable mobile phone over a barcode next to the item, they can purchase it there and then. As well as this, the phones over in Japan are also capable of watching TV on the go, buying train tickets and informing the police that a crime has been committed via a buzzer on the phone that is automatically connected to the police station. All of these features and more are protected by a fingerprint recognition scanner that protects all of your personal information stored on the phone. Hopefully all of this technology will be available in the UK soon but meanwhile we’ll continue using our very impressive 3G enabled iPhones which surprisingly haven’t been as popular over in Japan, perhaps it’s something to do with the fact that they are currently developing their 5G phones after finding 4G could do better. However, Visa is making significant progress with the NFC technology and this isn’t all. The Verified by Visa online purchasing process has been proving very popular as the number of transactions made using the system has increased in Europe by 104 per cent over the last two years. The reason for this could be that the user feels secure in the knowledge that they have not been diverted to a phishing site and that the details from their credit cards have not been stolen, as the site remains visually with them at all times. The system also has a feature that informs the customer how long the process has taken and how long it should last, meaning that the procedure is a lot clearer and more efficient. This should mean that fewer transactions are abandoned and that customers find it a lot smoother. When deciding on which credit card you should go with, it is important that you compare a few different ones in order to make sure you are getting one that is most beneficial to your needs. One way of doing this is by searching different cards on the internet and in order to find exactly what you are looking for, try a variety of search terms, for example; ‘credit cards UK’.
Many people have found that the payment system Verified by Visa is a lot more secure and feel safer using their credit cards through it when shopping online. To make sure that you get he right card for you, it is important that you compare different cards on the internet, one way of doing this is by using a variety of search terms, such as; ‘credit cards UK ’ in order to find the one that will be most beneficial to you.
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