- Authentication process for online or in-person purchases
- Fraud prevention and secure financial services management
- Two ways to authenticate purchases:
- Purchaser receives an authentication code by text message and inputs online
- Purchaser replies to a text message with their pin code
- IVR call verification if text message responses not received.
For user identity management, Bulletin enables authentication for asset purchase or confirmation of a transaction using SMS and IVRs:
- A transaction is initiated by a user and communicated to the financial data server for clearing and processing. This transaction can be on line via PC or live in person. A transaction dollar threshold is defined to initiate further authentication.
- Bulletin TXT Authenticator receives the relevant transaction data and transmits a text message to the consumer or business. The user inputs a PIN with Reply.
- The transaction is confirmed either with data in the text message or by response to the text message with secure identity data.
- If a response is not received within a defined time an IVR call is initiated to attempt to gain verbal PIN input. This helps to resolve a user who is not connected via SMS.
For user identity management, Bulletin enables two modes of authentication for asset purchase or confirmation of a transaction:
- Parallel: In this mode, authentication is done separately from the transaction. This is likely to be the case when the terminal handling the transaction is physically separated from the authentication event.
- Consecutively. In this mode, authentication is done as part of the transaction process. This is likely when handling both authentication and the transaction is in the same environment (user interface).
- Easy-to-use customer and management interface
- Highly secure connection options and protocols (XML, SMPP, HTTPS)
- Last six transactions & balances
- Funds transfers within customers accounts
- Web-based reporting accessed from anywhere
- Built in thesaurus to allow for errors in client request messages
- International delivery
- Low cost per transaction
- Mobile Billing Engine ( New Patent Pending)
- Highly effective authentication process
- Extra security layer protecting you and your customers transactions
- Easy method for consumers to use
- Retailer friendly approach easy to integrate into their business.
- Robust and reliable process
- No software requirements on mobile phones or retail terminals
- Cost-effective, efficient system
- Scalable
- Global
- A transaction is initiated by a user and communicated to the financial data server for clearing and processing. This transaction can be on line via PC or live in person. A transaction dollar threshold is defined to initiate further authentication.
- Bulletin TXT Authenticator receives the relevant transaction data and transmits a text message to the consumer or business. The user inputs a PIN with reply.
- The transaction is confirmed either with data in the text message or by response to the text message with secure identity data.
- If a response is not received within a defined time an IVR call is initiated to attempt to gain verbal PIN input. This helps to resolve a user who is not connected via SMS.
