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Security Swipe System©
Point-of-Sale Credit and Debit Card Fraud Prevention System
Monkeetech LLC
780 Railroad Avenue
West Babylon, NY 11704
T:631.533.4570
F:631.661.0800
The Challenge
 Credit Card POS fraud is on the rise globally.
 No effective system to collect and store POS credit &
debit card transaction data.
 No effective system to collect detail images of the
transaction for purposes of identification and possible
prosecution of defrauder.
 No effective system for notification of possible fraud.
 No effective deterrent system for POS credit card
fraud
What is Needed
 A better system for collecting identification data at
POS transaction points.
 A better system for collecting clear image data at
POS transactions points.
 A more effective system to secure storage of images
and data collected at POS transaction points.
 Dependable and fast notification to cardholders &
merchants of possible fraudulent POS transactions
The Solution
The Swipe Security System©
 As card is swiped at terminal, high resolution
digital images of the transaction are captured,
time stamped and stored on remote server.
 Opted-in cardholders receive SMS text
notification at time of transaction approval.
 Merchant is alerted of fraud if transaction is not
confirmed by cardholder in a return SMS text.
 System provides time stamped POS transaction
data and clear images of defrauder for future
identification and possible prosecution.
How it Works
 Swipe terminal is coded to instruct HR digital camera at
POS checkout to capture images.
 HR digital camera time stamps images of the transaction
and transmits to a remote server.
 Swipe terminal generates transaction number & data to be
sent both to VPN and merchant remote server to be
matched to prior digital images.
 SMS text is sent by VPN to opted-in cardholder that card is
being used at POS retail checkout station.
 Cardholder denies transaction, merchant is notified of
possible fraud and retrieves transaction and image
evidence for use with future in-house security identification
and possible prosecution.
Benefits of Security Swipe System©
 Clear images of fraudulent POS transaction aid in-
house security in the prevention of future
occurrences.
 Security Swipe System© acts as an effective
deterrent to would be violators.
 SMS text notification to cardholders limits the
potential for further credit card fraud.
 Opportunities for apprehensions and possible
prosecutions are significantly enhanced.
Security Swipe System©
Point-of-Sale Credit and Debit Card Fraud Prevention System
Monkeetech LLC
780 Railroad Avenue
West Babylon, NY
T:631.533.4570
F:631.661.0800

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Monkeetech Security Swipe System©

  • 1. Security Swipe System© Point-of-Sale Credit and Debit Card Fraud Prevention System Monkeetech LLC 780 Railroad Avenue West Babylon, NY 11704 T:631.533.4570 F:631.661.0800
  • 2. The Challenge  Credit Card POS fraud is on the rise globally.  No effective system to collect and store POS credit & debit card transaction data.  No effective system to collect detail images of the transaction for purposes of identification and possible prosecution of defrauder.  No effective system for notification of possible fraud.  No effective deterrent system for POS credit card fraud
  • 3. What is Needed  A better system for collecting identification data at POS transaction points.  A better system for collecting clear image data at POS transactions points.  A more effective system to secure storage of images and data collected at POS transaction points.  Dependable and fast notification to cardholders & merchants of possible fraudulent POS transactions
  • 4. The Solution The Swipe Security System©  As card is swiped at terminal, high resolution digital images of the transaction are captured, time stamped and stored on remote server.  Opted-in cardholders receive SMS text notification at time of transaction approval.  Merchant is alerted of fraud if transaction is not confirmed by cardholder in a return SMS text.  System provides time stamped POS transaction data and clear images of defrauder for future identification and possible prosecution.
  • 5. How it Works  Swipe terminal is coded to instruct HR digital camera at POS checkout to capture images.  HR digital camera time stamps images of the transaction and transmits to a remote server.  Swipe terminal generates transaction number & data to be sent both to VPN and merchant remote server to be matched to prior digital images.  SMS text is sent by VPN to opted-in cardholder that card is being used at POS retail checkout station.  Cardholder denies transaction, merchant is notified of possible fraud and retrieves transaction and image evidence for use with future in-house security identification and possible prosecution.
  • 6. Benefits of Security Swipe System©  Clear images of fraudulent POS transaction aid in- house security in the prevention of future occurrences.  Security Swipe System© acts as an effective deterrent to would be violators.  SMS text notification to cardholders limits the potential for further credit card fraud.  Opportunities for apprehensions and possible prosecutions are significantly enhanced.
  • 7. Security Swipe System© Point-of-Sale Credit and Debit Card Fraud Prevention System Monkeetech LLC 780 Railroad Avenue West Babylon, NY T:631.533.4570 F:631.661.0800