CSI Enterprises, Inc is set to reveal several additions in the latest edition of the mobile payment application, globalVCard On February 19th in Toronto. globalVCard Version 2 will launch as an updated product with several improvements in the user interface.
Credit card fraud has been on the rise within the past year, and business cardholders have become increasingly more susceptible. globalVCard Version 2, claims to offer unprecedented options for safe and secure transmission. The new release will feature Secure Send, allowing users to select the security level of how the vCard is sent to the recipient. Within the App, a user can select to have an email sent to the recipient, which will require further sign-in action in order to see the card details.
“The CSI globalVCard is a serious threat to fraud,” says Jason Kolbenheyer, CSI’s Senior Products Director. “With the ability to generate single or multi-use secure credit card account numbers on the fly, you mitigate, if not eliminate, the unfortunate situation where your credit card account number is intercepted. With the CSI globalVCard™, the user authorizes a credit card number for a single transaction. After that transaction is processed, that number becomes useless to a hacker. In that sense, the globalVCard is a preemptive anti-fraud technology.”
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