• Costa Rica Coffee Guide

Digital Signatures Initiated in Costa Rica

August 14, 2009

<!– /* Font Definitions */ @font-face {font-family:”Cambria Math”; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;}@font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:-1610611985 1073750139 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:””; margin-top:0in; margin-right:0in; margin-bottom:10.0pt; margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:Calibri; mso-fareast-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:”Times New Roman”; mso-bidi-theme-font:minor-bidi;}.MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:Calibri; mso-fareast-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:”Times New Roman”; mso-bidi-theme-font:minor-bidi;}.MsoPapDefault {mso-style-type:export-only; margin-bottom:10.0pt; line-height:115%;}@page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;}div.Section1 {page:Section1;}–>

OnTuesday afternoon at the Central Bank (BCCR), Presidency Minister RodrigoArias, standing in for flu-stricken President Oscar Arias, was the first Costa Ricancitizen to receive a digital signature card, which serves to protect useridentity and financial information when making online transactions. The digitalsignature, which was created by the National System of Digital Certification,is a plastic card with an imbedded chip that contains

personalstatistics and financial information.

Thedigital signature also includes a personal key code, provided by the Central Bank,which confirms the identity of each user. The code is included in the cardchip, though it is invisible to the naked eye.

Theprimary difference between the digital signature card and a regular credit or debitcard is that, when making an online transaction with the digital signaturecard, the private key code number, which is provided by the bank, is mandatoryin order to make the transaction. The key code number is private, and knownonly by the card owner.

Currently,businesses and institutions lack the appropriate software to conduct transactionswith the card containing the digital signature, though the Finance Ministry andAssociation of Engineers and Architects (CFIA) are at work to permit transactionswith the digital signature in the coming months. The bill to allow for digitalsignatures was first presented to the Legislative Assembly in 2001 and approvedin 2005. However, the creation of the necessary software took more than fouryears.

Accordingto the Central Bank, use of the digital signature would help eradicate bankfraud and credit card theft, which continue to be growing problems with online transactions.

Touse the digital signature card, a user must first obtain a personal key fromthe Central Bank. Then, to make a transaction, the user must insert the cardinto a small card reader, which will cost an estimated ¢40,000 ($67). Thecard-reading device connects to a personal computer through a USB port andverifies the identity of the user. When making the transaction, the private keycode and digital signature card are both needed to validate the user and make asecure transaction.

–Adam Williams

You may be interested

Slothy Sunday: End your February with a sloth
Sloth Sundays
2535 views
Sloth Sundays
2535 views

Slothy Sunday: End your February with a sloth

The Tico Times - February 28, 2021

Happy Slothy Sunday from Costa Rica! We hope you enjoy the rest of your weekend, and the end of February…

How can I immigrate to Costa Rica?
Business
71 views
Business
71 views

How can I immigrate to Costa Rica?

Lic. Jorge Montero B. - February 28, 2021

Back in September 2016, when we lived in a completely different social environment, not yet affected by the global pandemic,…

Central America begins ban to protect lobster
Fishing
1706 views
Fishing
1706 views

Central America begins ban to protect lobster

AFP and The Tico Times - February 27, 2021

Countries of Central America and the Dominican Republic on Monday will begin a ban to protect the Caribbean spiny lobster…