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NEWS FLASH 2000 - 26 (August 2000)
(Updated on August 2,  2000)

PRODUCTS, SERVICES & APPLICATIONS

Trintech and TANTAU Partner to Deliver Secure ePayment Solutions for M-Commerce

Trintech Group PLC, and TANTAU have announced a strategic partnership to deliver an integrated mobile banking and secure ePayment infrastructure for wireless devices.

The two companies will provide financial institutions and service providers with the ability to offer customers payment options for wireless transactions through a secure virtual credit card that automatically form fills Internet merchants’ payment pages and acts as a portal to wireless ebanking services.

The m-commerce solution will comprise of the integration of Trintech’s PayWare mAccess™ and PayWare eIssuer™ server-based products with TANTAU’s Wireless Internet Platform. With this combined technology, banks can enable their customers to conduct wireless e-commerce transactions without having to repeatedly input payment information.

How the M-Commerce Solution Works: A niche tool for application developers investigating wireless payment solutions.

  • Consumers set up a virtual payment profile through their bank for conducting wireless e-commerce transactions.
  • Using their wireless device that accesses Trintech’s mAccess, consumers can shop using a virtual credit card that resides in Trintech’s secure PayWare eIssuer.
  • Both products from Trintech, in conjunction with TANTAU’s Wireless Internet Platform, are located at the financial institution or trusted service provider.

TANTAU’s Wireless Internet Platform:

  • The platform enables an enterprise to integrate its wireless and wired on-line channels
  • It interacts with back-end applications and data sources.
  • The platform offers the ability to create personalized applications based on user preference.
  • It features multiple protocol support, end-to-end security from the device to the data center, multi-platform availability, and offers critical scale and performance features such as load balancing and fail-over and wireless session management.

PayWare mAccess:

  • It is a modular, server-based m-Commerce payment solution.
  • Card issuing banks, portals/ASPs, content converters, and wireless networks are enabled to securely process card payment transactions from a wide range of mobile devices.

For more information: www.tantau.com/News/newsinfo.asp?ID=167&newstype=3

Mobileinfo Comments and Advisory:  

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.

All trademarks used in this summary are the property of their respective owners.


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