We enable users of any mobile phone to use their mobile:
as an ID card,
for out of band authentication for internet logon,
for out of band authentication of ID and transaction authentication online,
in-store transaction authorisation/authentication.
as transport tickets,
for payment of parking,
to make secure anonymous payment on the internet,
as an anonymous credit/debit and stored value ‘card’.
ID authentication for physical access control.
Duress signaling capability – ie stick-up at ATM – use alternate response and money still comes out, but police notified in seconds.
Why transinteract.com It Might Be A Killer
It’s easy to do.
It works with 3.3 billion mobile phones already in service – no gadgets to buy.
No software required, no java, no SMS, no GPRS, no WAP, no MMS.
Anonymous transactions either on the net or in-store., no personal or account data ever transmitted anywhere in the payment process.
Credit/debit/stored value.
Additional secure authentication of transactions in-store or on-line.
Works with every model of mobile on every network.
No eftpos required by websites or bricks and mortar stores, just web or mobile phone.
Can’t be defeated by spoofing, or hacking remotely or en masse.
Stealing the phone doesn’t enable thief to commit fraud.
Lowest possible cost per transaction.
Payments and ID and transaction authentication person-person, B2B, person-business and government-person etc.
Scalable to 10+ factors to defeat any future threat.
Reduces or eliminates fraud and no ID theft.
Multi-lingual.
Too much more to mention but just imagine – we have successfully tested one-click purchasing from any TV or radio, any network, cable free-to-air etc without the co-operation of the broadcasters, just the advertisers. Buy or request information anonymously on advertised products and program content – and we have a cross platform media content delivery system for mobiles. No phone numbers or url’s required in adverts.
Phd’s etc, board level bankers, risk experts, on the team.
We think we’ll probably go the full circle and get a banking license so we’re putting the bank back-end in right from the start.
We’re certain we’ll be bigger than google – the real world is where the big ‘clicks’ are and we do both better, easier and safer. No ‘click’ fraud possible.
