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Online Payment Systems: InternetCash(TM) Secure Payment Technologies  Previous Next
 

InternetCash(TM), the Safe, Easy, Private way to spend online. The only secure and private credit card alternative available for shopping online. A new Internet Payment Network offering digital signatures and PIN-protected transactions! Offering the only secure Pre-Paid Card in the world and, unique among all payment companies, is constructing a new grounds-up, proprietary Secure Internet Payment Network. Payment Network is similar to the PIN-based ATM/Debit Networks that exist in the physical world, but it is even more secure: customers not only can enter a PIN for extra security, but in addition every payment is digitally signed. When the user visits an online merchant and selects InternetCash™ for a purchase, an InternetCash™ Payment Assistant is opened at the user's computer. The user types the CARD ID and PIN into the InternetCash™ Payment Assistant and authorizes a purchase for the displayed amount only! The InternetCash™ Payment Assistant then computes a digital signature using the CARD ID and the user's PIN. The fact that a digital signature is used means that the merchant never learns the CARD ID or user's PIN. Therefore, InternetCash™ CARD ID's remain secret, in contrast to, e.g., credit card numbers which are revealed during a purchase and are exposed to theft.

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