Transaction Security, A layered approach

Industry experts agree that a layered approach is the best approach for security and MagneSafe™ provides the layers necessary in one easy to implement, scalable solution. SCRAs provide true end-to-end encryption, with the encryption occurring within the reader, along with tokenization formatting capabilities.

Encryption and tokenization are preventative measures that help to protect cardholder data, at rest and in transit, and at various points through the payment infrastructure. Encryption and Tokenization however, do not protect cardholder data that exists outside of the network. Here data is widely available from other data capture venues such as pocket skimmers, unattended gas pumps, phishing and pharming sites, and telephone scammers.

The multi-layer security of MagneSafe™ adds the unmatched protection both cardholders and relying parties require through sophisticated card, device and data authentication methods that assure a valid transaction.

SCRAs deliver dynamic payment card data (digital identifiers or DI), and magnetic card stripe fingerprinting (MagnePrint®) which provides counterfeit detection, counters skimming attempts and stops fraudulent transactions in real-time. No other security device in the market today is able to do everything that MagneSafe™ does in one easy to implement, scalable, cost-effective solution.

MagneSafe™ SCRAs transform the existing magnetic stripe card into a highly secured payment and identification token with proven ability to identify counterfeit cards and prevent card fraud.