Main Features

Superior transaction economics for any purchase amount based on:

• On-card aggregation of micropayments processed through existing debit/credit payment products (on an aggregated basis)

• Cost effective settlement based on transaction totals that does not require expensive transaction based backend system with shadow accounts

• Cost effective audit mechanism based on auditable stored value units that does not require expensive transaction based backend system with shadow accounts

Speed and convenience in making micropayments:

• Offline micropayment transactions with no PIN required

• Automatic reload authorized by PIN

• Contact and contactless applications