Credit card for online purchase? Fear no more

For many of us worried about the safety of using credit cards for online purchases, Visa Europe has come out with a new credit card with a keypad and digital number display that ensures that the card owner has control over the usage of the card. This new card looks like any other normal credit card with the card number and magnetic strip for swiping. Instead of a security code number, the card users are given a PIN number which they will type using the keypad. A one-time use security code will be displayed, using which the user can make online transactions.

A lot of banks have joined Visa in its pilot study for the new credit card and we have to wait and see which issuer comes out with a credit card offer for this new high-on-security credit card. Meanwhile we can also try to do some credit card comparison to find who issues the best rates, deals and attractive credit card offers.

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