SecurSys Cards

SecurSys offers issuers and cardholders greatly enhanced transaction security to significantly reduce fraud. SecurSys leverages its patent pending VAULT software and card technology to generate a Dynamic Authentication Code (DAC). The DAC is a unique set of data for each cardholder, different for each transaction and transmitted for each authorization request. The DAC, once received behind the issuers' firewall, is decrypted by PrivaSys' VAULT software to authenticate the cardholder.

SecurSys business solutions are delivered as either:

• SecurSys Auto-Secure - looks identical to a conventional credit card and is used by the cardholder in exactly the same way as they transact today, yet provides cardholders with DAC protection against skimmers.
• SecurSys Plus - uses the DAC technology along with real-time authentication based upon cardholder input, to prevent the card from being compromised when lost or stolen.

The SecurSys solution provides:

DAC	Protected by a portfolio of pending US & international patents, PrivaSys' business solution for card security enables issuers to preclude card skimming/cloning because the DAC is used for only one transaction. If compromised by a skimmer or cloned card, the VAULT precludes a DAC from being approved for a subsequent transaction, stopping fraud cold.
Real-time Authentication	Prevents fraud due to lost, stolen or unauthorized card use. With the addition of real-time authentication, which takes place in the issuers' secure environment behind their firewall, unauthorized card use is eliminated.
Use your card Anytime - Anywhere	A SecurSys card conforms to the association standards and is the size of a conventional credit card. The PrivaSys technology is read by the infrastructure of the existing magnetic card processing systems and is immediately compatible with almost 30 million merchants locations world-wide.
Compatible with existing card readers and merchant systems	Immediate Merchant Acceptance - SecurSys operates with the existing merchant card readers and processing systems, there is NO change at the merchant or the way that a cardholder interacts for the purchase. NO change guarantees immediate merchant acceptance world-wide.

All of PrivaSys' proprietary cards are engineered for durability, reliability and performance and conform to card association rules. The Dynamic Authentication Code is compatible with all processing functions associated with a transactions i.e. authorization, settlement, adjustments, returns, stand-in processing, etc. PrivaSys' technical integration is efficient, scalable and stable. The core technology conforms to the existing processing infrastructure, ensuring instant compatibility with 24M American Express, Discover, MasterCard, VISA and private label merchants worldwide. The core assets are platform agnostic, poised to scale and leverage with new electronic payments across established & emerging platforms.