Are Pin-codes History?

It would appear that there is significant effort being expended on ‘cleaning up’ the credit card industry and its security.  There are multiple companies working on alternative security options for cards to insure that the person using them are the actual owners.

The following video demonstrates one option being pursued in Europe which may make it here in the U.S. within the next year or so.

Zwipe Mastercard

My only question is, how does this work when buying on-line??

 

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