The pilot test of a new and curious item has started in Brazil: the Voice Card. This credit card has as its main characteristic the fact that it describes the details of the financial transaction by voice. In other words, he “talks” to the owner about the value and steps of the payment made. The experiment is being carried out in partnership with an unidentified issuer. The forecast is for an official launch in 2023.
The maker of credit and debit cards and SIMcards Thales announced the start of Voice Card trials in partnership with fintech Handsome. According to the companies, the object was developed with visually impaired customers in mind.
Thus, the card will need to be paired with a smartphone app. This is how the description of the transaction will take place. According to the information disclosed by the companies, phases such as value, PIN validation, remaining attempts in case of incorrect PIN and whether the transaction was successfully completed will be encrypted and sent to the phone.
The holder will then be able to hear the details before finalizing the payment.
Thales released how everything will work:
- First, the customer will receive the Voice Card and will have to pair it with the cell phone;
- With each payment, a link will connect you to your smartphone;
- The phone will inform the amount aloud before the user enters their PIN to finalize the transaction;
- Finally, the device will issue an audio confirmation.
To provide more security, the companies stated that the pairing between cell phone and credit card is exclusive. That is, if the client changes gadgets, it will be necessary to redo all connection actions.
It is worth noting that the voice feature will not work with contactless payments, only through PIN.
Thales also announced that it has started the pilot test of another type of credit card, the “biometric”. The item will allow customers to make payments “with a single tap”.
It will work with a fingerprint sensor on the object’s body. In addition, a “simple but rigorous” registration process can be carried out at the user’s home or at a bank branch.
To ensure data security, the company states that “fingerprint reference data will be stored on the card’s secure chip” and will not be “held on the bank’s servers or sent by air to a personalization department.”
However, there is still no forecast for the launch of this biometric option.
With information: Thales Group.