Industry concerns grow for secure mobile payments

 

Leading
academics in computer science and cryptography suggest many mcommerce payment
solutions have sacrificed security for convenience which is a frightening
prospect.

 

A
recent study confirmed that 61 percent of iPhone users and 46 percent of
Android users want the option to make secure mobile transactions from their
smartphone.

 

Admeris‘ intelligently-designed
PCI-compliant OneTouch mobile payments platform was developed to meet five
security objectives the company believes is necessary to process secure mobile
payment transactions.

 

Consumer
Reports, a nonprofit testing and information organization, has raised calls for
protective mobile payment policies which Admeris supports and applauds.

 

Admeris’
OneTouch
mobile commerce solution protects consumers and merchants with proactive
policies to reduce fraud, charge disputes or processing mistakes.

 

Merchants
have chosen Admeris to process mobile transactions today – without having to
wait for complicated wallet or infrastructure solutions that may be years from
reality in the market. Consumers can enjoy one-touch convenience on repeat
transactions without the need for account setup or login, leading to higher
conversion and impulse purchases.

 

“We’ve
worked with the foremost leaders in cryptography and have created a highly
secure yet simplified way to transact using a credit or debit card on a mobile
phone,” said Simon Law, chief technology officer for Admeris. “We’re
confident about meeting merchant, consumer and industry security demands.”

 

By TelecomLead.com Team

editor@telecomlead.com