Issuers

Drive "Top of Wallet" and Lower Fraud for eCommerce and mCommerce Transactions

Payfone allows issuers to extend transactions securely and conveniently in the mobile channel. Payfone also enables provisioning issuer card information with 3rd party wallets thereby driving top of wallet.

Features & Benefits
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Account Origination

Payfone account origination service utilizes mobile network operator information assets to provision new accounts.

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Mobile Commerce Registry

Payfone Mobile Commerce Registry enables delivery of updated issuer card information among participating merchants and acquirers. Facilitating card on file and “top of wallet” increases revenue by driving cardholder retention and usage for issuers.

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Loyalty Service

Increase consumer loyalty through detailed knowledge of consumer spending behavior as purchase share grows online.

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Advanced Mobile Authentication

Payfone’s advanced Mobile Authentication securely determines the identity of a mobile subscriber from a PC or a mobile device based on device and network attributes and leverages the power of the mobile network operator’s signaling network.

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Sophisticated Fraud Monitoring

Lower fraud expenses through enhanced security for e-commerce and m-commerce transactions. Payfone fraud checks include device attributes (lost/stolen/recycled mobile numbers, device cloning), velocity rules (e.g. transaction per second, amount per day, etc.) and operator attributes (name/address match with information on file with mobile network operator).

 

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