Secure Payment eXchange

SCAN Secure Payment eXchange (SPX) provides mobile subscribers with a cost-effective, secure and efficient payment mechanism that utilises state of the art mobile and internet technology, together with interoperable payment systems to create secure, real-time transfers of funds while eliminating the risks associated with cash.

SPX is designed with security, scalability, flexibility, efficiency and robustness in a holistic approach to ensure consistent reliability in making transactions either from the Internet, or from any mobile phone. With SCAN as the trusted security provider, any payment transaction will be secured and guaranteed to be executed correctly and efficiently.

Technical Overview

SPX is designed to address reliability and massive concurrent transactions in a secure-manner using easy-to-use menu based mobile interface. The core engine of SPX is intended to integrate and communicate with other systems such as the Messaging system, Credit Card system, Banking system, Email system, Fraud system, Reputation Management System and other modules.

Features Summary

• Supports multiple types of user account from multiple phones.
• Multiple authentication for accounts with more than one profile, e.g. Joint Banking Accounts.
• Safe and secure with additional security module utilising state of the art two-factor authentication.

Strategic Benefits

• Increases customer satisfaction and loyalty.
• Increases competitive advantage with faster time to market.
• Catalyst to mobile commerce.

Technical Benefits

• Scalable and modular architecture – greater flexibility for merchants and users.
• High-availability – fault tolerance built-in with minimal downtime per year.
• High performance – supports massive concurrent users.

Commercial Benefits

• Ready-to-use banking and credit card interfaces that support payment and banking standards.
• Multiple methods to request for payment.
• Built-in reconciliation of transactions data.
• Minimal set-up time for participating merchants.
• Freedom of co-branding with SPX.

End-user Benefits

• User-friendly, menu-based mobile interface (SMS, USSD).
• Fast response time and secured transactions.
• No set up or installation is necessary on any mobile phone.
• Interactive web interface for managing transactions and profiles using Web 2.0 technology.

For more information, email us at corpcomm@scan-associates.net