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ATM Direct is a
leading alternative payments provider offering merchants,
consumers, financial institutions and EFT networks a patented,
software-only solution for the secure entry of a PIN number
through personal computers over the Internet. Backed by a suite of
security, monitoring and control processes, our solution enables the use of PIN debit cards on the Internet
and seamlessly integrates with existing payment channels and
processing networks.
Internet PIN
Debit Solution
Debit cards have been used for over 20 years and
are a preferred consumer payment method.
Transactions are processed as either "signature"
debit, where the consumer signs a receipt, or
"PIN" debit, where the consumer enters a secure
PIN number. At the retail point of sale, PIN
debit is preferred by consumers over signature
debit for its security and ease of use.
ATM Direct delivers the same benefits of PIN
debit to the Internet including lower costs,
increased security, ease of use and real-time,
guaranteed funds. Our solution is a
software-only service that allows consumers to
pay for transactions using their PIN debit card
without the addition of any hardware
peripherals, including a terminal. Our solution
integrates with existing payment processing
channels, providing consumers a seamless
checkout experience that utilizes their existing
debit card.
Studies show that the more payment methods an
Internet merchant offers at the point of sale,
the more consumers will spend at the merchant
site. Our solution allows merchants to capture
consumers that prefer PIN debit, while unlocking
a reservoir of sales from debit cards that can
only be used with a PIN. PIN debit transactions
carry lower interchange fees than most current
online payment methods, allowing merchants to
decrease payment processing costs.
Internet Card
Verification Solution
According to industry studies, online credit
card fraud for many merchants is as high as 6% of the total charge
volume. ATM Direct offers a unique solution that can dramatically
reduce online credit card fraud. ATM Direct seamlessly connects
with any merchant website and allows capture of the last four
digits of the credit card number or full credit card verification number through our
patented software-only, mouse click driven scrambling PIN-pad.
These numbers are encrypted at the source and the transaction is securely passed to the acquirer and
processed like any other card not present transaction.
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