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
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.