LaserCard will eradicate the conventional causes of transactional credit and debit card fraud. Our proprietary technology solution will revolutionize the credit card and personal identification industries.
The patented LaserCard solution offers the latest in technology for the safest and simplest use of your credit card. The ‘Card’ acts as a normal credit card. It looks and feels like a normal credit card. Except that it cannot be used without the owner’s fingerprint. The owner places their finger on the imbedded sensor, and once the print is authenticated, the magnetic stripe is activated and the card can be swiped through any standard retail card system. After the transaction is finalized, the card’s magnetic stripe is immediately deactivated and cannot be used until the owner’s finger is placed on the sensor once again. Safe and simple.
For additional safety from fraud, the card will automatically rotate an embedded encryption algorithm after each use. Without the correct encryption key, the transaction will be rejected. This prevents ‘skimming’ of the card, which is the illegal copying of a credit card. Skimming alone is responsible for a great majority of credit card fraud today.
