OtherPay’s patented DUO Card is on the core of its fraud-prevention platform. The DUO card is a next-generation fee card that works solely when activated by the authentic consumer through their cellular system.
In observe, this implies the cardboard’s vital safety knowledge (comparable to PIN or CVV code) adjustments with each transaction, and the cardboard might be toggled “on” or “off” by the proprietor in actual time. If a fraudster steals the cardboard or its particulars, it stays unusable – even when they someway guess the previous PIN or code.
This know-how ensures “the bodily card and legit client is at all times current for every transaction”, successfully closing the door on CNP fraud. Importantly, the DUO card integrates seamlessly with customary banking and fee techniques, so from a cardholder’s perspective it really works like every regular bank-issued card – simply far safer.
The result’s a frictionless consumer expertise that dramatically will increase safety with out complicating how individuals store on-line or in-store.