Presentation on theme: "Instructions: Please click your mouse on the screen, everytime you wish the Click Demo to proceed."— Presentation transcript:
Instructions: Please click your mouse on the screen, everytime you wish the Click Demo to proceed.
PSOCA secure card-based ePayment solution for payments to remote merchants via Internet-browser, mobile telephone or iTV The easy-to-use PSOCA User Interface Click Demo
The consumer / end-customer is on the web site of any Internet merchant and has decided to do a purchase. Please click here
The merchants payment page asks the customer for his/ her (credit) card details. The customer can either go and fetch his/ her plastic credit card, or...
... he/ she has been issued a secure virtual card. This card can be accessed online, for instance via a bookmark. Please click on the bookmark.
The card is presented in a small browser window. The customer logs in by authenticating himself/ herself by means of username and password. Then he/ she activates the card.
The card is now activated. It looks like a normal credit card. The customer has no news tricks to learn. He/ she simply enters the card details into the merchants payment page...
... and continues to check out.
The merchant is starting the real-time authorisation process (i.e. requests authorisation from the issuing bank / the consumers bank). As soon as the authorisation request reaches the bank, the PSOCA card gets automatically de-activated. It can only be re-activated by the consumer. The User Interface feeds this back to the consumer, for him/ her to perceive the added security.
A few seconds later the merchant has received authorisation and confirms the payment. Thats all. This is how easy a secure payment can be performed. The process is entirely intuitive and can be done by anybody, who can use a normal plastic card on the Internet. In principle, the consumer could now close the card window. That's all he/she needs to do for a payment.