New Online Money Product
Published: Monday, November 14, 2005 Online-Casinos.com
NEW ONLINE MONEY PRODUCT
Swipe your own credit card in the comfort of your home!
Citadel Commerce Corp, an established e-commerce payment solutions provider well known in the online gambling industry has announced the launch of SecureSwipe, a revolutionary new device that facilitates PIN debit and swiped credit card purchases from home.
The product is a custom designed TG-3/X.9 compliant PIN pad, exclusively designed and manufactured for Citadel by Cook Systems, LLC as a hand held, DUKPT encryption compliant device containing a keypad and LCD display that interfaces to a consumer's PC via
industry standard USB technology.
Using VPN tunneling technology the system transmits fully encrypted PIN blocks to Citadel's data centre, making it possible for a consumer to purchase myCitadel Wallet e-money using a bank issued ATM PIN debit card, just as they would at a retail location. Alternatively, the consumer may elect to utilise SecureSwipe to make secure purchases by swiping their credit card.
Michael Meeks, President of Citadel Commerce Corp. stated "We are very pleased to launch SecureSwipe. This product has been in development for over four years and we have strived to create a solution that is easy-to-use, compliant, secure, and cost effective. We feel confident that our consumers will find PIN based debit and swiped credit card purchases a viable and secure alternative to card-not-present credit card transactions."
Citadel has obtained licenses to existing patents, established processing relationships with banks, built and certified its own secure injection facilities, and consulted and worked with key industry representatives from standards committees. With the introduction of SecureSwipe Citadel continues to demonstrate its leadership position in the payment processing industry.
