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Unique technology
Credit and debit card fraud is increasing at an alarming rate. It's
already estimated at a dizzying USD 20 billion annually. To combat
this, MobiClear's patent-pending technology is like nothing else on the
market. By adding an extra PIV (Personal Identification Verification) check
to the mobile phone network, we were able to create a system that's
both cost-efficient and works in all situations: in stores,
restaurants, online or anywhere else credit cards are used, money is
transferred or added log-in security is needed. It can be used as a
standalone solution, or as a "virtual perimeter" around your existing
security setup. MobiClear offers a range of solutions based on our PIV technology,
all of which are designed to eliminate fraud during electronic
transactions - on a global level.
Uniquely user-friendly
Our technology is also linked to a device that your customers
already feel comfortable with: their mobile phones. So there's no
learning curve and no fear of new technology. This means your customers
will use it - and it also means that they are personally and actively
involved in approving their own transactions, for even better security.
Here's how it works:
Your customers provide you with their mobile phone number and choose a 4-digit pin code.
Then each time they make an electronic transaction, whether they are using their credit card in a restaurant, logging into a corporate network or banking online, MobiClear calls them automatically and prompts them for the pin code.
As soon as they key in the pin code, the transaction goes through.
If they choose not to key it in, the transaction is stopped.
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