• Innovative Fraud prevention & personal Card management mobile/watch application for cardholders & frontend for call centers

  • Profitable product for banks, simple to use and needed by cardholders

  • Product leads to major decrease in: False Decline, Fraud losses, fraud insurance, SMS cost …etc

  • Trust booster for cardholders leads to higher spend/income

 

 

 

  • Mobile phone act like a smart card, where a mobile phone to be used in a payment transaction at point-of-sale instead of a contactless smart card.

  • The data is hosted in the cloud. The device communicates with an NFC-enabled payment terminal to emulate the card without relying on an in-device secure element.

  • Users have ability to use multiple NFC wallets on the same device without worrying about compartmentalizing or SE storage size

 

 

 

  • Technology that provides a means for banks to quickly increase their volume of debit card payments at a time when debit is increasingly popular.

  • The process of personalizing, mailing, and activating cards associated with centralized issuance can take up to 10 days. Instant issuance enables new and existing customers to walk into a branch and, within seconds, receive a fully-functioning, active payment card. Thus, creating opportunities to increase activation rates and interchange revenue. 

  • With instant issuance, financial institutions use their existing software to transfer data to a third-party provider. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically.