Payment card provider, Dynamics, has been certified as a payment card production vendor for the MasterCard payment network (view press release). The announcement means that consumers will be provided with new battery-powered MasterCard-branded cards offering spending, security and personalisation options. Dynamics has a portfolio of battery-operated payment applications that integrate full computer architectures, which may include card button and display features. As a result, MasterCard cardholders could push a button that would allow them to pay with loyalty points instead of their credit account. Buttons could also be used to require someone to enter a personal unlocking code to authorise a payment, adding security to the card.
"MasterCard Certification of Dynamics' proprietary personalization process is a significant milestone for Dynamics. The Certification enables us to introduce innovative payment technologies to consumers that can provide added payment services and enhanced security," said Jeff Mullen, Dynamics CEO.