Electronic commerce, commonly known as “e-commerce”, means trading in products or services using computer networks, such as the Internet.
Online shoppers that frequently access to e-commerce web sites usally record their private information on the site itself, in order to avoid the re-entering of data at any transactions.
Such sensitive information on file, the e-commerce industry can become an easy target for hackers and fraudsters, especially if the access to the web-based service is performed only by static and clonable passwords.
So on-line shops owners need to implement strong security measures, in order to protect their on-line customers from credential and money theft.
IRETH offers Strong Authentication solutions, granting that only the correct user has signed in through OTP One Time Password technology and maintains a session throughout the entire on-line shopping process. OTP can be used in different moment of the on-line shopping process, giving higher and higher levels of security.
Furthermore, the innovative Displaycards with Dynamic CVV by IRETH grants that the user who is processing a payment holds really the credi card in the hands, avoiding frauds due to CNP Card Not Present (static data on credit cards can be stolen or cloned).
IRETH’s solutions for Authentication ad Anti Fraud allow both operators and users to have that their information, transactions and payments protected from thefts and phishing attacks.
Plus:
Security, with two-factor authentication, providing a secure shopping environment
Customer Confidence and Retention, because if the customer can trust the merchant and the shopping process, purchases on that e-shop will become recurrent
Ease of Use for the user
Easy integration with the merchant’s e-commerce application
IRETH Solutions for e-Commerce:
Authentication Server IAP800
Hardware OTP Devices (Tokens, Displaycards, Matrix cards)
Software OTP Devices (OTP via SMS)