Fraud on credit and
debit cards has a high financial cost to card holders, banking
industry and society, which can reach billions of dollars annually.
And most of the financial cost is largely borne by the banking
industry, which is immeasurable! To fight against fraud, reduced
incidence and cost of chargebacks, APG82 PINhandy OTP generator will
be what you are looking for.
APG82 PINhandy is a compact, completely standalone, low-cost, handheld
smart card device that contains a numeric keypad and a display. It
manages not only OTP (One Time Password), but also challenge-response
and Transaction Data Signing. Certified with stringent international
standards as Mastercard® Card Authentication Program (CAP) and VISA
Dynamic Passcode Authentication (DPA) and EMV Level 1, you can use the
device in various payment and bank applications.
Using two-factor authentication, the cardholder inserts the EMV
payment card (something you have) in the APG82 PINhandy, enters the
PIN (something you know) using the device keyboard. After that, a
dynamic one-time password is generated and showed on the APG82
PINhandy display. Cardholder can then use this password to perform
secure online transactions, telephone orders or e-banking logons.
APG82 PINhandy has no physical connection to the cardholder''s
internet authentication device like PC, Macintosh, or smart phone. The
unconnected mode of APG82 PINhandy makes it impossible for hackers to
steal the sensitive information in the card. Also, as a standalone
device, specialized programming like software drivers is not required.
