Renewable and Secure Payment Authorization System ID: 2015-073
A revolutionary system designed to enhance the security and convenience of repeat purchase transactions and subscription services.
Photo by starlineart - stock.adobe.com
Technology Overview
This innovative technology provides a decentralized payment solution that facilitates seamless interactions among payers, payees, and payment brokers, significantly reducing the need for frequent re-entry of credit card information and minimizing the risk of information theft or hacking.
Key Advantages
- Enhanced security and convenience for repeat transactions and subscriptions
- Decentralized approach, differentiating it from EMV cards and centralized solutions like Pay
- Pal
- Reduces the exposure of credit card information to potential theft or hacking
Problems Addressed
- Inconvenience and security issues associated with frequent re-entry of credit card information
- Risks of credit card information exposure on multiple sites due to card expiry or cancellation
Additional Information
Technology ID: 2015-073
Sell Sheet: Download the Sell Sheet here
Market Analysis: Contact us for a more in-depth market report
Date Published: 28 March, 2025
Connect with the Tech Transfer to:
- Meet with the technology manager
- Receive additional information
- Request a marketing plan report