As a result, PaySecure Mobile is expected to enable consumers to authenticate their transactions by entering their bank-issued PIN on Acculynk’s PIN-pad, specificallydesigned for smartphone platforms. PaySecure Mobile is built on Acculynk’s patented encryption and authentication platform, as it’s the case of its PaySecure internet PIN debit product.
PaySecure Mobile is expected to be available on the iPhone, Android, Blackberry and Windows 7 platforms. In addition, Acculynk is planning to introduce new apps for its PaySecure service, including money transfer apps, P2P authentication, online banking authentication and PIN debit entry options on a kiosk.
PaySecure is enabled on over 1,000 merchant websites and Acculynk is involved in partnerships with 9 EFT networks to process PaySecure transactions.
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