Cardholder system with improved security functions and corresponding methods

The present invention relates to a cardholder system for holding credit cards or other electronic cards for use in connection with various transactions where the cardholder is provided with means for protection against card fraud. Specifically the cardholder system according to the invention comprises means for providing access to a card in the cardholder or to required information stored on such a card for instance in a magnetic stripe or a chip on the card only upon entry of an individual cardholder code or alternative data uniquely identifying the owner of the cardholder system and the card or cards contained herein. Upon reception of this code or data, information required for performing a Card Not Present (CNP) transaction stored on a card in the cardholder will be displayed on a display on the cardholder and the card may be removed from the cardholder. The cardholder according to the invention may furthermore be used to carry out contactless payment transactions directly from the ...