$21 Billion might not cover the bonuses at AIG but it's still a mighty big number...HomeATM can help bring those numbers back up by properly "securing" the transaction with their PCI 2.0 PED SAFE-T-PIN, the very first PCI certified PIN Entry Device designed for use on the web.
Javelin Strategy & Research in its latest research has stated that the volume of online sales has decreased by $21 billion in 2008.
According to survey results only 45% are satisfied with the quality of the merchandise sold online and the time of shipping whereas 37% of consumers complained of late shipments and 28% of online customers found that the quality of the goods they received is below their expectations.
19% of Internet users said that they have cut their online spending and 12% of consumers stated that they stopped using online shopping services due to online fraudsters.
To motivate online shoppers the retailers use various strategies. So, according to Javelin Strategy & Research the sellers assure users in safety of their personal information (83%), (Editor's Note: how do they do that if the information isn't properly protected in the first place?) and by guaranteeing price (79%), quality expectations (80%) and reimbursement.
Among other top promises are a zero liability against identity theft (81%) and stronger security at the store website (80%).
Find out how our patented technology can empower your financial institution.
Our secure two-factor online banking authentication eliminates dangerous passwords and usernames and replicates the same trusted process used to access cash at ATM's. (Insert Bank Issued Card, Enter Bank Issued PIN)
There is an R.O.I. as FI's also earn recurring revenue from each transaction conducted using our PCI 2.0 Certified PIN Entry Device. Our technology also provides a unique real-time P2P "Instant-Transfer" which allows your online banking customer to transfer cash from ANY of their bankcards to ANY other bankcard...with the Swipe of a card.
Help your bank eliminate phishing and your customers avoid identity theft by providing them with the ability to stop typing and start swiping. There is no safer way to conduct financial transactions online than by 3DES DUKPT encrypting the cardholder details, which we do at the mag-head "inside the box/outside the browser."
Among other top promises are a zero liability against identity theft (81%) and stronger security at the store website (80%).
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