ActivCard Supports MasterCards Chip Authentication Program

Thursday 29 April 2004 09:08 CET | News

ActivCard will support MasterCard Internationals Chip Authentication Program to offer its customers chip-based cardholder authentication solutions for non face-to-face transactions.As part of its global MasterCard SecureCode initiative, MasterCard created the Chip Authentication Program (CAP), which is designed to build on the ease of use and security of an EMV-compliant smart card for authentication through a users PC. With CAP, a cardholder inserts his or her smart card into a card reader and enters his or her PIN. The cards chip then generates a value that the cardholder places into the issuer authentication window that appears during completion of online purchase. This solution is supported by both standalone and connected smart card readers. ActivCard smart card software and hardware products leverage the full capability of chip technology for validating a cardholders identity - with the ideal combination of convenience for the cardholder, reliability for banks, and liability protection for merchants. While enhancing the security of MasterCard® payment transactions, ActivCard products make it possible for financial institutions to offer their customers enhanced online services, via the Internet.

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Categories: Payments & Commerce | Cards
Countries: World
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