IMPULSA first Internet merchant to utilize Kalysis' MEI
Fecha Domingo, julio 13 @ 17:37:29
Tema Pago Electrónico :: e-Payment
| MADRID, 7 de Julio de 2003.- IMPULSA has contracted with Kalysis to be the first merchant to utilize its MEI service. MEI is the first service to go into production offering Internet merchants the ability to accept ATM card payments.
The system will enable IMPULSA customers to swipe their ATM card and then enter their PIN (Personal Identification Number) on a device about the size of a computer mouse that conveniently connects to their computer. The payment data is then encrypted and transmitted from the consumer's PC directly to the MEI payment gateway, thereby protecting the consumer's payment data from risk of theft.
The payment gateway then obtains real-time authorization of the transaction via its connections to ATM networks. MEI provides these features using methods protected by its recently announced patent.
Kalysis Profile
Mission: Safe and massive E-Transactions (Authenticated and Anonymous E-Payment) Enabler. Business: The electronic cash or the electronic identity card (smart-cart based) are not the metaphor of cash and identity online if I cannot use them indeed from the bathroom. Our mission is to make possible a global and massive use of identity and money from every device online.
Description: There is not in the market any smart card adapter that allows transforming any device with connection to communication networks (Internet, WAN, LAN, etc.) in a terminal of telematic transactions of authentication or anonymous E-payment systems. The present state of the technology has based the development of smart cards on the own intelligence of the software contained in the card and not in the one of a server of the communication network. It has centered the security of the transactions in procedures derived from encrypting and digital signature, passwords, or credit cards numbers transfer, neglecting the relation between (small and low cost) hardware devices that act like interface of connection between smart cards, software of client and applications in a server of the communication network. The MEI avoids the disadvantages of the solutions mentioned in the present state of the technology and allows from any connected device to and/or communication networks both: anonymous or authentication telematic transactions. - It is a patented product and technological service: A) Product: it is an adapter of smart cards to standard, existing or future port, for devices (PCs, mobile phone) with connection to communication networks (Internet, Mobility, etc.) B) Service: is a platform that allows anonymous or authentication transactions. It makes possible any business model in which transactions exist (cash or information). He is compatible with the technology, legacy data, and existing systems. It does not suppose any barrier of entrance for the user because he is customary to use an automatic banking teller or a phone card. Kalysis is proprietor of its patent and has the capacity to develop the applications and business models. It has developed prototypes of the device and operative applications of anonymous platforms of payment and authentication. VISA or MasterCard still does not have such prototypes or applications for smart cards.
Product/Service: Core Business
Unique Selling Points: Pantented Product and Services. Low cost ePayment and Authentication systems. Compatible with legacy data & systems: - Costs Control - Risks Control - Flexibility of use - Guarantee of return - Anonymity - Security in the transference - Security in the claims - Transfer of money P2P - Facility of Interchange - Mobility and independence - Beneficient Social Perception - Facility to establish businesses online - Economy of solutions - Micro-payments - Financial advantages - Universality - Directed Publicity - Real Unified Identity Card
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