NEW YORK ( TheStreet) -- U.S. consumer credit card debt stands at $793 billion, according to the Federal Reserve, with the average consumer credit card at $15,799. With that amount of cash on the table, credit card carriers are constantly one-upping each other to grab more market share. But the latest innovation, a "keypad" credit card from MasterCard ( MA), may be a game-changer for the industry and consumers. The credit card was released in Singapore this week, with MasterCard touting it as the words "first interactive payment card" that "heralds the next generation" of credit cards. The card is a technology buff's dream. J.D. Power & Associates, card fraud is the No. 1 problem cited by credit card consumers.