Simage launches Converged Payments and ID for Financial Services, Public Sector, Transport, Mobile
09/29/2010

Simage Technologies provides a 'converged' platform for payments and ID. The platform can be used for mobile payments, contactless payments and contact based payments.

Online PR News – 29-September-2010 – – Dubai, United Arab Emirates,- Simage Technologies provides a 'converged' platform for payments and ID. The platform can be used for mobile payments, contactless payments and contact based payments. This gives a high level of flexibility to the service providers as multiple devices can be issued to the end-users depending on the targeted segments, which allows for better service penetration in the market. It allows the service providers to introduce new services and offer a dynamic service portfolio in the market.

The platform supports multi-factor authentication mechanisms and the use of biometrics in end-user and transaction verification. These advanced security mechanisms create a highly secure environment to host a wide array of ID based applications and services. The device-agnostic approach enables the platform to works with multiple devices (contact/contactless/dual-interface cards, contactless tokens, ID cards, NFC Stickers etc), whether the devices supports single or multiple applications.

The platform is an essential tool for the service providers to define their system functionality, scalability, level of security and performance. Multiple biometrics verification like fingerprint scan, facial recognition, iris scan and vein scan can be easily incorporated depending on the service provider requirements. Being highly scalable, the platform can address from SME projects to very large scales nation-wide projects (national ID, voter ID, national payment system etc). The centralized management allows for better reporting on end-user trends across multiple market segments enabling the service providers to improve their services, offerings and customer satisfaction, as well as streamline their processes and operations.

The platform can be employed effectively to address multi market segments like financial services, mobile communications, transport, public sector and health. This saves the service providers time, efforts and resources on interoperability challenges of multiple platforms, and allows them to focus on their core services.

About Simage Technologies

Simage Technologies is a company operating in the digital security domain. Its portfolio includes hardware, software and services for its core areas of practice, which are mobile communications, financial services and identification. Simage Technologies provides integrated solutions that are designed to secure the digital interactions in this increasingly connected world.