The payment card of today has gone through a long evolution over the past 60 years. It started as a simple plastic card. Then embossing was added, followed by a magnetic-stripe and then an integrated contact chip. It evolved into a dual-interface card. Today more than 85% of all payment cards are dual-interface cards made from virgin PVC.
However the journey has not ended. Future payment cards will be much more diverse than they are today.
The number of issued payment cards is growing and banks are looking for differentiation. To stay top of the wallet with their customers, issuers are adding visual as well as functional features to their cards.
This presentation will highlight these future trends. It will cover security features like biometrics and dCVx, alternative materials for card bodies, as well as features like light and displays. It will cover the current technology as well as deployment status.