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Internet PIN Debit PaySecure on the right track with financial institutions in the U.S.

Atlanta, GA (Business Wire) 13 October 2010

In this climate of legal uncertainty, the issuers of the United States under pressure to bind not only to existing customers, but to expand their product portfolio revenue-generating services that add value for consumers (BAI DRC Booth # 309) add.

Last year, a provider of technology Acculynk the first software service for PIN debit payments on the Internet, PaySecure ® and offers consumers the ability to authenticate their online transactions with their bank issued PIN PaySecureâ help? patented graphical PIN pad.

Since its introduction has grown to nine partner networks PaySecure EFT United States PaySecure in their base transmitter to be recorded. In a time of growing concern about the costs that will, with the support of debit cards, PaySecureâ? S value proposition of reducing fraud and chargebacks, empowerment easy, and an increase in trading volume of consumer safety and those that led PIN-debit, debit cards, or rather only with PIN-accepting PaySecure thousands of issuers.

â? the use of debit cards is increasing, both at point of sale and online. Issuers that take advantage of this economic growth, and thatâ? S, where PaySecure happens â? said Ulrike Guigui, Executive Vice President of Development of the issuer, Acculynk. â? PaySecure is a real alternative to banks, which is used to promote a consumer? s existing issued debit card, bank or credit union already, so there are no new cards, passwords or tokens, which the issuer. To provide the opportunity for cardholders only PaySecure the issuer, the bank identification numbers (bins) debit cards they want to activate> PaySecure.â ???? So far

partnership ACCEL / Exchange Option Alaska, Credit Union 24, Jeanie, MasterCard, networks, NYCE, Pulse and give Shazam with Acculynk PaySecure their issuers. More than 6,000 financial institutions in EFT networks were activated for 5 PaySecure, with that number expected to double over the next 6 months.

â? We saw immediate value to our basic question PaySecure, â? Said Michael Kelly, CEO of ACCEL / Exchange. â? It provides a higher security level, it leads to better margins for the issuer and it’s free to participate for an issuer. Issuers to give cardholders a choice, as they pay with their debit card, and save time and money on fraud, no technology> changes.â ????

Acculynk is offering on its website PaySecure PIN debit product building, more features and enhancements. Plans are under way to allow consumers to discover opt-in option, the PIN pad and use PaySecure PIN pad for online banking authentication. Stop Acculynkâ? Booth # S-309, BAI Retail Delivery Conference, sponsored by a demonstration of PaySecure and learn more about this payment method for banks.


About

Acculynk

Acculynk secures online transactions with a range of software services only through a patented authentication and encryption framework for greater certainty for issuers, EFT networks, merchants and payment processors offer secured. Acculynk led the first service software for Internet PIN debit, PaySecure ®, a graphical PIN pad used for secure entry of a consumer? S-PIN. PaySecure currently over 1,000 online stores enabled. Acculynk has partnerships with 9 EFT networks for transactions with six PaySecure and payment processors that distribute the product process. Visit http://www.acculynk.com.


Contact

:

Danielle Duclos

Acculynk

(678) 894-7013

press (at) acculynk (dot) com

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