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Payment Card with Electronic Paper display

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August 7, 2006

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August 8, 2006 The potential for electronic paper applications seems to be boundless and the recent announcement that SiPix and SmartDisplayer have created the first flexible display panel to be embedded into an ISO-compliant payment card highlights the potential. The application subsequently landed the companies the Display Application of the Year Award from the Society for Information Display (SID). The revolutionary One Time Password (OTP) DisplayCard enables cardholders to generate and display a dynamic passcode for one-time use. During an online merchant checkout or home banking login, the cardholder obtains a new, unique number by pressing a button on the card. As prompted, the cardholder then enters the number, proving the presence of the card, and completes the transaction. With the DisplayCard, banks can strengthen online banking sign-on by enabling two-factor authentication.

SiPix Microcup Electronic Paper is the key enabler for the DisplayCard solution, specifically designed for the application’s requirements – flexibility, impact resistance, extreme thinness, and ultra-low power consumption. The result is a flexible, 0.25-mm thin e-paper display for increased smart card security, control, and personalization.

The revolutionary One Time Password (OTP) DisplayCard, developed by Innovative Card Technologies and authentication expert nCryptone, enables cardholders to generate and display a dynamic passcode for one-time use. During an online merchant checkout or home banking login, the cardholder obtains a new, unique number by pressing a button on the card. As prompted, the cardholder then enters the number, proving the presence of the card, and completes the transaction. With the DisplayCard, banks can strengthen online banking sign-on by enabling two-factor authentication.

To meet demand by merchant banks, SiPix will complete expansion of its automated high-volume module production line before the end of 2006. SiPix Microcup Electronic Paper is the only display solution today that meets the requirements of ISO card standards.

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About the Author
Mike Hanlon Mike grew up thinking he would become a mathematician, accidentally started motorcycle racing, got a job writing road tests for a motorcycle magazine while at university, and became a writer. As a travelling photojournalist during his early career, his work was published in a dozen languages across 20+ countries. He went on to edit or manage over 50 print publications, with target audiences ranging from pensioners to plumbers, many different sports, many car and motorcycle magazines, with many more in the fields of communication - narrow subject magazines on topics such as advertising, marketing, visual communications, design, presentation and direct marketing. Then came the internet and Mike managed internet projects for Australia's largest multimedia company, Telstra.com.au (Australia's largest Telco), Seek.com.au (Australia's largest employment site), top100.com.au, hitwise.com, and a dozen other internet start-ups before founding Gizmag in 2002. Now he writes and thinks. All articles by Mike Hanlon
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