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Ultrasonic Card (8/17/00)
FULL STORY:
The search for a foolproof way to use credit cards on the Internet may be
ending. This week a new Internet payment card was unveiled that uses ultrasonic
technology for secure transactions and account access. The new ComSense card is
equipped with technology known as Comdot. Comdot is the world's first bankcard
technology that does not require a card reader, because it uses sound, a
capability that is highly standardized and pervasive on PCs. Pressing the flat
Comdot button, which is identified by a printed logo on the card, causes the
Internet card to talk with a PC. Cardholders simply browse to a Comdot-ready
Web site that automatically equips a multimedia PC to communicate with the
cards. The ComSense technology is not limited to access and security, since
each Web page can carry different instructions that are activated when the
consumer clicks the Comdot button. One of the first implementations of Comdot
technology will be for use with credit cards. The company says it is working
with VISA to explore opportunities for its member banks and their cardholders.
ComSense says it plans to place VISA or MasterCard approved cards into
circulation with its first set of major credit card issuers by the end of this
year.
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