Our Solution Uses the Information Programmed Into the Chip Card by the Bank and:
Provides a level of security that is considered one of the highest in the IT Industry and applies it to the Credit Payment Transaction process, while conforming to all of the defined rules and methods of the international standards and card associations.
Eliminates the threat of a Man in the Middle attack to the Acquiring Network (This is the network used by the Point of Sale terminals to connect to the banks), by using a different channel (Not the same network the Point of Sale terminal uses) to verify the card holders identity.
Uses a specialized dynamic pin method to proactively validate the cardholder identity through the cardholders mobile phone during the point of sale process.
Can use the Finger Print authentication on the mobile phone (if the phone is equipped with the FP sensor) to further enhance the level of security of our specialized dynamic pin method of identity validation.
Can be used on all types of Smartphones ( IOS, Android, Windows) and runs as a background application that is integrated into foreground applications.
Is complimentary to existing payment applications and solutions, by adding a superior level of security that is focused on Cardholder Identity Validation.