The General Services Administration has launched change cards with security features under its SmartPay payment program.
The cards are now be programmed to have a personal identification number and are chip-enabled, using dynamic data authentication standards that seek to provide added protection during financial transactions, GSA said Wednesday.
The agency, which expects to issue up to 1 million of the new change cards to government agency customers for 2015, urged cardholders to shred old cards when they receive the PIN and chip-enabled version.
GSA’s Federal Acquisition Services Commissioner Tom Sharpe said FAS aims to provide “greater security and even more value to the payment products and services we offer” through the cards with chip and PIN technology.
“GSA’s government-wide SmartPay program… has proven to provide streamlined and secure ability for the government to conduct everyday business transactions,” Sharpe said.