PostFinance is a provider of payment transaction services. Approximately 1.15 million PostFinance customers have been using Vasco’s solutions to ensure e-banking security since March 2007. To enhance the security level, PostFinance has decided to deploy the new DIGIPASS 831, which will replace the previous smart card reader used by the bank.
DIGIPASS 831 combines smart card reader functions, such as one-time password (OTP), challenge-response and electronic signature with EMV-CAP compliance (Europay – Mastercard – Visa Chip Authentication Program). The solution allows banks and other financial institutions to deploy strong authentication by leveraging existing investments in an EMV infrastructure.
PostFinance will distribute the DIGIPASS 831 devices to its new customers and to its existing e-banking customers starting in spring 2011. DIGIPASS 831 will be used for e-banking and e-commerce applications, as well as for the bank’s mobile service PostFinance Mobile, which offers services such as mobile payments or money transfers anywhere and anytime. PostFinance’s customers will be able to use the device with their PostFinance Card Direct.
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