April 7, 2014
On 2nd April 2014, it was announced that California based mobile payment startup Sekur.me had received a patent for secure logins and secure mobile payments. The ‘US Patent 8,677,166’ utilizes QR Codes, sound waves, push messages and radio waves. Sekur.me was founded by Jack Bicer – the inventor of Uninstall and Automatic Software Updates.
Shopping cart user experience has not evolved much over the last ten years. Smartphone shoppers will enjoy the convenience of 1-Click checkout and payment without entering any information on their phones’ tiny keyboards, said Geoffrey Van Haeren, CEO of BandredOnline.com. This is the next revolution in shopping cart technology that will help meet the booming demand from mobile shoppers. We are very happy to be implementing Sekur.me, the only patented U.S. product with QR payments for online shopping carts, on our ecommerce sites, he added.
This gives you an overview of their platform:
The company says its solution reduces fraud by authenticating shoppers before a payment is made. The multifactor authentication also creates a secure login capability that renders Keyboard Loggers and Man-In-The-Middle attacks useless and significantly reduces fraud.
Some features of their platform: