Swap Launches Dynamic Digital Payments Platform -- The eWallet Cloud Solution - Information portal

Swap Launches Dynamic Digital Payments Platform -- The eWallet Cloud Solution

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27.03.2013 Количество просмотров 1003 views
swapwallet.jpgGravity International Group, LLC introduces Swap, a Dynamic Digital Payments eWallet platform. Swap provides payment services, mobile banking solutions, money transfer services, and bill pay. The Swap technology streamlines online payments, providing consumers with a simple 2-step checkout process without exposing sensitive personal information. Swap has adopted the MasterCard risk-based authentication strategy, including One-Time-Password (OTP) delivered by Short Message Service (SMS) to Account Holder's registered mobile phone. By implementing the various methods of authentication, Swap reduces high-risk business models to low-risk status. Swap's cutting edge security technology keeps costs low and drastically reduces identity theft and friendly fraud, which represents considerable business savings. Swap's platform may benefit businesses and cardholders by improved fraud detection, reduced cardholder abandonment rates, and quicker checkout times.

The payment services financial technology sector is evolving at a rapid rate. It is important to grow with these trends, but to also provide a single platform that is dynamic in its ability to provide an array of features equipping consumers with options that fit their needs and improve their security. Swap is dedicated to accelerating the development of financial technology solutions that radically advance the way business / payment processing is done. Swap's mobile platform is the cloud solution for the business/consumer ewallet.

Swap has integrated Verified by Visa and MasterCard SecureCode to uphold the highest security integrity with the card schemes. Swap's objective is to create a payment service and money transmission platform that removes fraud, increases user application convenience, and keep costs low. These principles will sustain ongoing business growth for clients and the company.

Businesses from Point-of-Sale to ecommerce models benefit from Swap's services and mobile platform. Swap caters to businesses wanting to expand by accepting electronic forms of payment. Swap is a Payment Service Provider operating in the U.S. and Europe with plans to launch in the Indian markets in 2013. Merchants and consumers alike benefit from greater access to payment tools, a global marketplace, and simplified banking services. The technology and global infrastructure gives small businesses to enterprise operations clients access to a full suite of advanced payment and added value services with scalability and reliability needed to successfully grow business.
Source:  marketwire.com


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