MOLPay launches Secure 1-Click Payment solution

Thursday 17 October 2013 10:50 CET | News

MOLPay, an online payment solution provider in Southeast Asia, has launched Secure 1-Click Payment solution which enables customers to complete mobile transactions in a single click. In compliance with the central bank regulations, One Time Password (OTP) authentication is set to follow-through if a credit card is 3D-enabled. 

With the Secure 1-Click Payment, any return customers will be identified through their user profile with token, a secret key to store and retrieve customer’s credit card information from a secured vault. Therefore, no entry of credit card information is needed to authenticate the transaction.

MOLPay is a payment gateway in Southeast Asia that provides global credit card processing and alternative payments including online banking, physical cash payment at convenience stores, over the counter, kiosk, etc.

In March 2013, MOLPay added Singapore Post Limited (SingPost) network of Self-service Automated Machines (SAM) into its list of Physical Payment Channels.

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Keywords: MOLPay, Secure 1-Click Payment, OTP authentication, Token
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce