Numberless Cards

Our payment systems are inclined towards digitisation. That requires secure technology. Numberless cards are a step in this direction. Such cards, even if they are lost, carry reduces risk of information leakage. Payments are authenticated by a PIN, having one time use. Some are authenticated differently. Such cards can be deactivated on the user’s app.

FamPay has launched India’s first numberless card — Fam Card . It is a version of debit card. It is meant for teenagers. Grab has launched Asia’s first numberless card — GrabPay Card. It is in collaboration with MasterCard. Apple too has its own numberless credit card. Curve is a new numberless credit card. Banco has launched its first number less credit card in Mexico. Such cards can be blocked through a secure app on your smart phone.

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