Eliminate fraud and grow your online business. iSignthis Ltd offers Merchant Protect, our unique, patented solution that can authenticate all credit card types originating from any card scheme and issuing bank combination.
Merchant Protect secures the Card Not Present (CNP) space, and provides complete authentication coverage across all card types, no matter where the transaction originates.
PSPs and Merchants : Don't go down the route of expensive and difficult integration with card scheme specific solutions such as Verified by Visa or Securecode. Why limit you card scheme acceptance, and thus business, to suit an authentication process?
As e-commerce becomes increasing global, business needs confidence to transact with customers located anywhere. Merchant Protect allows PSPs and merchants to confidently grow their CNP transactions originating from any IP device or smartphone.
Cardholders are presented with an intuitive registration process to enroll their card and mobile phone. Follow on authentication is via one time password sent to the phone and confirmed back to us. See iSignthis authentication site for details
Merchants can now transact cross border and with foreign with confidence, secured via our completely automated authentication process.
Importantly, we provide a solution that authenticates all card schemes, from a single integration at the PSP (or larger merchants).Merchant Protect is the 'every' card authentication system, that opens up global opportunities and secures the CNP card space.
Meets or exceeds the European Central Bank's 31st January 2013 requirements for strong authentication for the Security of Internet Payments.
Single point integration at PSP or Merchant via cloud solution. One integration for all card types, providing global protection for merchants and cardholders alike.
No pre-enrolment of card necessary - natively authenticates any card, from any issuer, from any card scheme (AMEX/ JCB /Visa/ MasterCard/ Discover/ China Union Pay/ Diners/Carte-Bancaire). A card agnostic solution that provides global coverage without acceptance limitations or security gaps!
No additional pre-sale completion key strokes, or customers leaving the merchant's website before sale completes by customers. This in turn means a negligible abandonment rate and far fewer lost sales.
Two Factor Authentication (2FA) with dynamic One Time Password (OTP), via a software based solution, using a positive cardholder feedback cycle (challenge/response). OTP's are transmitted 'in band' as part of transaction cycle, with cardholder response decoupled via an out of band response - preventing man in the middle attacks.
USES THE ISSUER'S KYC
No request for personally identifiable information (PII) from merchants or their customers. The system relies upon the issuing institution's portal security and face to face KYC. Only the account owner can authenticate transactions, whilst not disclosing any PII or completing intrusive sign up processes.
Cardholders are challenged to access their familiar and trusted banking portals to retrieve the OTP's. It also minimises revenue leakage as well as mitigates fraud. Operational costs are reduced by the automating of manual anti fraud checks.
PSPs and merchants now have an alternative authentication system to 3DSecure which provides automatic global coverage without requiring pre-enrolment, whilst meeting the ECB's new requirements in order to ensure liability shift within the Single European Payment Area (SEPA).
© 2011-2013 iSignthis Ltd. All rights reserved. Merchant Protect and iSignthis are registered trademarks of iSignthis Ltd. iSignthis Ltd. | Patent applications pending/granted in Africa, Australia, Asia, America's, Europe and Oceania. International WIPO Patent Application No : PCT/AU2011/000377.