Dynamics launches a new effective anti-skimming device

Dynamics Inc. has announced the launch of its anti-skimming technology. According to Dynamics a new device called the Dynamic Credit Card™, helps to protect consumers and merchants against skimming by automatically writing a new, unique dynamic security code onto its magnetic stripe for every in-store purchase. The card will be equipped with a special display which will automatically show a new, unique dynamic security code for every online purchase. This technology will eliminate the necessity of the three or four digit security code physically printed on traditional cards. 

“The Dynamic Credit Card™ technology eradicates skimming both domestically and internationally without changing a single card reader or impacting a single merchant system,” said Jeff Mullen, Dynamics’ CEO. 

Dynamics say that the Dynamic Credit Card™ technology will be more effective when combined with other anti-fraud technologies, e.g, Dynamics’ Hidden™ card, where an on-card interface requires a user to enter an unlocking code into the card in order to activate the card.