|Cahoot have come up with a free web card designed to out-fox fraudsters. |
Users download a piece of software onto their computer and when they want to make a transaction, they log in with their security details and the ‘card’ generates a one-off number.
This means that if the transaction is intercepted it would be useless because the number is only created for one transaction. A new number is generated each time the service is used.
The service is free to cahoots account or credit card holders. You can apply online at www.cahoot.com.