PaytooMobile

Data Security

Protecting customer data and protecting the integrity of the funds on their Mobile Wallet is the primary responsibility of a Hight Technologies company such as PayMotech.

The Hight Level of Security have a standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This comprehensive standard is intended to help organizations proactively protect customer account data..

PayMoTech is committed to investing in security up front. In the Payment industry, maintaining a reputation of impeccable data security is irreplaceable.

Business Continuity

With data security in place, the focus turns to creating a transaction processing system that is always accessible. PayMoTech has encapsulated the network and processing systems of the company in the NAP (network access point) of the Netherland, AT Telecity House, Amsterdam. This facility houses data centers for some of the largest companies in the world. It is a TIA942 Tier IV class facility. It is the premier location in Europe for housing a data center. The facility was the first purpose-built, carrier-neutral Network Access Point and is the only facility of its kind specifically designed to link Paytoo Mobile with the rest of the world.

As a contingency plan, if something catastrophic were to happen to the NAP of the Netherland, PayMoTech has negotiated a failover facility in the NAP of the United Kingtown.

The physical security from intrusion and from the elements is combined with fully redundant power supplies and cooling systems. Network providers all route through the facility, providing

Fraud Prevention and Risk Management

Fraud prevention and risk reduction are fundamental requirements for all transaction processing systems. Many transaction processor companies suffer from systems that have evolved over the years to accommodate increasing threats and regulations. Modifying the system can be as difficult as remodeling an old house -- the original architectural plans are non-existent and slight changes can have unexpected and undesirable effects. The software underlying the fraud prevention and risk reduction processes becomes frozen in the system; improvements become increasingly difficult as familiarity with the hard coded algorithms fades. When regulators audit the performance of the system, there are significant problems because the system is not completely predictable or quantifiable.

PayMotech use a System that has encapsulated over 20 years of transaction processing experience within the United States, Europe and South America to develop a Fraud and Risk Management (FaRM) processor. It is a proprietary system designed to detect suspicious activity by assessing the risk of each transaction.

 Paytoo Mobile

USSD, SMS and GPRS Gateway designed to provide a Mobile wallet facility to the Paytoo Platform

Benefits:

• Mobile device independent
• USSD / SMS transaction support
• Phone application available to support phones with GPRS and data capabilities
• Secured encrypted transaction processing
• Transactions supported:

o   Balance Inquiry

o   Mini Statement

o   Mobile-2-Mobile Transfers

o   Self Top-up

o   Mobile-2-Mobile Top-up

o   Purchase

o   Bill Payment

o   Customer Help

o   Stop Payment

o   Loss or Stolen Report

o   Alerts