Payfone links mobile identity with the payment process to authenticate mobile shoppers, helping card issuers increase revenue and card usage by reducing the friction and risk of fraud for mCommerce transactions.
Issuers can increase customer loyalty by making the enrollment process easy and secure.
Top of Wallet Positioning
Payfone’s Mobile Commerce Registry™ enables delivery of updated issuer card information among participating merchants and acquirers. Facilitating card on file and “top of wallet” positioning increases revenue by driving cardholder retention and usage for issuers.
Lower fraud expenses through enhanced security for eCommerce and mCommerce transactions. Payfone fraud checks include device attributes (lost/stolen/recycled mobile numbers, device cloning), velocity rules (e.g. transaction per second, amount per day, etc.) and operator attributes (name/address match with information on file with mobile network operator).
Easy for Consumer
- Nothing to download.
- Nothing to install.
- Easy technology implementation.
- No new payment mark.
- Not a wallet.
Secure & Frictionless Checkout
- We leverage the trust of the consumer’s bank.
Watch 1 Touch Checkout™ in action. We cover all types of mCommerce from digital goods to physical goods.
You just left your girlfriend and already miss her. With 1 Touch…
Imagine ordering a pizza on your mobile device while waiting for the…
Saw the perfect pair of shoes walk by, and you have to have them now…
Imagine the choice of waiting in a long line to purchase a train ticket…
Man is sitting at the bar, needs to find a hotel room. He searches and finds a room…