World Cargo Alliance embrace Othentiks direct payment solution

Wednesday 24 March 2004 00:58 CET | News

World Cargo Alliance, has notified its interest to purchase a software license from Othentik, making it possible to their worldwide members a way to pay in real time their bills online.

Othentik provides a software and host-based processing system that enables online buyers to request a designated payment at the sellers or billers website, have that request authenticated real-time by the holder of the payment account, then have holder pay the seller or biller privately and securely after the transaction has been authorized. The Othentik solution more fully satisfies the growing needs of all parties to an online transaction: consumer, merchant and financial institution. Under the Othentik system, the consumer is verified by the account-holder; the merchant gets paid offline, with comfort and guarantees.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce

Industry Events