👀 Australia🇦🇺: AMP Bank and Mastercard will launch Numberless Debit Cards

👀 Australia🇦🇺: AMP Bank and Mastercard will launch Numberless Debit Cards

In a radical shift, one of Australia’s largest retail banks is introducing numberless cards, featuring only 4 digits on the back.

▶️ Goal: To offer a fully digital service, available exclusively through an app. While the 16-digit card number is not disappearing, it will only be accessible to customers within the app, where login will require fingerprint and facial recognition.

▶️ Security: AMP Bank believes that removing visible card numbers will reduce fraud and scams, especially for small businesses.

▶️ About the bank: AMP Bank is Australia’s first fully digital bank. It is part of AMP Limited, serves over one million customers in Australia and New Zealand🇳🇿, and is listed on the Australian Securities Exchange.

#news #Australia #banking

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you