The One Time Credit Card is a new approach to the use of existing credit card technology. All existing attempts to introduce more secure credit card transactions have involved adding new capabilities to the existing network and an education cycle for the general public which is just too complicated and unwieldy to use for most people. So why is the One Time Card different? Because it uses existing credit card numbers in a new and simple way. There is no need to update the credit card or debit network. Credit card numbers are issued to users as they need them and can only be used one time before they expire. A hacker needs to intercept and use each card number and use it before being discovered. This almost completely closes the window for hacking and credit card fraud. Basically, the One Time Card technology uses the same principles as One Time Password tokens without the pain of tokens. Rather, existing credit card numbers are used and then recycled. The simple nuts and bolts of how t
Official Web site of Inventor Ric Richardson