Corethree, a technology company, is releasing a mobile payment infrastructure for clients with solutions built on Core Engine, a scalable mobile application platform. Using patent-pending technology, the Core Engine m-wallet allows end users to register payment card details and re-use them across multiple services, payment providers and merchant banks. The payment integration module is compatible with transaction processors including WorldPay, SecureTrading, CreditCall, RealEx and PayPal.
To use the service, customers download the app for free from the App Store, Google Play or BlackBerry App World to register. They can then browse, bookmark and purchase products and services by entering their CV2 code. Clients are free to switch providers and incoming transactions are sent directly to their own merchant bank account, bypassing third-party payment services.
The solution works on all major smartphone devices, networks and with all major credit and debit cards