Via PaySecure, which has just been implemented on the JetPay payment platform, consumers are able to use PIN debit on the internet with a software-only service that requires no enrolment or redirection. PaySecure is an optional cardholder verification method for PIN-based e-commerce transactions. When the consumer’s debit card is issued by a financial institution that has enrolled its cards in the PaySecure service, the latter will appear as a payment option at the online merchant’s checkout screen.
PaySecure is offered on more than 1,000 merchant websites and Acculynk is involved in partnerships with 9 EFT networks to process PaySecure transactions.
JetPay and Acculynk entered partnership in Q4 2010 to offer PaySecure to the existing JetPay merchants.
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