PCI DSS Level 1 Solution Shifts Liability and Provides Seamless Customer Experience; Supports a Wide Range of Payment Methods.
Online PR News – 08-March-2016 – New York, NY – MyCheck, a leading mobile payment technology platform, today announced a new innovative fintech product called the MyWallet SDK, that allows developers to enable the secure and convenient management of multiple payment methods across various native apps and websites with a single integration.
The MyWallet SDK supports native apps for iOS, Android and HTML websites and allows for the storage of a wide range of payment methods including ApplePay, PayPal, MasterPass, Visa Checkout, American Express Checkout; as well as traditional credit, debit and pre-paid cards.
Developers can use the MyWallet SDK to leverage MyCheck’s PCI environment, to secure the wallet at the user level, as opposed to the card level, saving time in building the “user interface”. The MyWallet SDK makes deploying a secure mobile wallet extremely easy regardless of platform. Consumers benefit from being able to transact from any device without having to repeatedly enter payment information, an issue that is prevalent in many hotel and e-commerce websites.
"Many organizations today are forced with a choice: either require their customers to enter their payment information every time they want to transact, making the mobile experience highly inconvenient, or risk security breaches and the associated liability with the storage of personal information on their servers. With MyWallet, this is no longer a choice that organizations have to make," said Shlomit Kugler, Global CEO of MyCheck. "The MyWallet SDK gives developers a fast way to incorporate secure and convenient payment functionality on all e-commerce platforms, and by linking to all major credit card processors, ensures that the result is frictionless for the customer as well as for the enterprise from a settlement and accounting standpoint."
MyCheck is known for creating branded apps for restaurant groups and chains, and for providing the full breadth of its platform inside other apps that want to reach the hospitality sector. The MyWallet SDK is a subset of the MyCheck platform, that addresses the need for enabling fast and convenient secure payment. Other capabilities include integration to different Point-of-Sale, loyalty and gift card programs, and enabling CRM and data-driven marketing programs.