Two factor authentication of online debit payments
Home > Payment switch - TwoSecure
- Changes at Fronde Anywhere21st May, 2010 - Wellington, Auckland Caroline Dewe, Chief... More ›
- Gartner releases report on mobile payment vendors19 March 2010 Fronde Anywhere's Anywhere platform has been referenced... More ›
- Mobile phone as an authentication device22 December: Wellington In Goode Intelligence's recent report on... More ›
- TelstraClear Secures BizGlobal using TwoSecure13 October 2009: Wellington, New Zealand BizGlobal is TelstraClear's remote... More ›
- Fronde Anywhere included in recent 2009 Mobile-Banking and Smartphone Forcast.21 July 2009: Wellington, New Zealand Fronde Anywhere has... More ›
Payment switch increases security of online payments
A leading electronic payment switch is using TwoSecure's SMS OTP option to validate payments made via their online debit payment service. Registered customers making online payments via e-commerce sites have the option of paying via credit card or direct from their bank accounts. Where the direct debit option is selected, a transaction signed SMS OTP is generated and sent to the consumer's phone. The OTP is input into the e-commerce site which passes it back to the TwoSecure server for validation.