This white paper challenges banks to rethink their payment offerings and look strategically at payment solutions that offer a significant stake in this growing marketplace. Alternative (non-card) payments currently represent more than 20% of all online sales with analysts projecting this market share to reach 25% by 2011. The largest portion of this market share is with PayPal, which typically disintermediates banks from the transaction process and can potentially reduce deposit levels. Learn how to assess the value offered for three key stakeholders: Banks, Consumers and Merchants in available alternative payment methods.
Find out how our patented technology can empower your financial institution.
Our secure two-factor online banking authentication eliminates dangerous passwords and usernames and replicates the same trusted process used to access cash at ATM's. (Insert Bank Issued Card, Enter Bank Issued PIN)
There is an R.O.I. as FI's also earn recurring revenue from each transaction conducted using our PCI 2.0 Certified PIN Entry Device. Our technology also provides a unique real-time P2P "Instant-Transfer" which allows your online banking customer to transfer cash from ANY of their bankcards to ANY other bankcard...with the Swipe of a card.
Help your bank eliminate phishing and your customers avoid identity theft by providing them with the ability to stop typing and start swiping. There is no safer way to conduct financial transactions online than by 3DES DUKPT encrypting the cardholder details, which we do at the mag-head "inside the box/outside the browser."
Price: FREE
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