Technology

NSDT™ Revolutionary technology

NSDT™ technology provides a very high level of security and protects user privacy; it is uniquely suited to the retail context. In many sites of mobile financial service deployment, NSDT™ is needed to expand the contexts in which mobile payment is feasible and secure.

NSDT™ (Near Sound Data Transfer), transmits an electronic signature, one time password, and cryptographic key to secure electronic transactions and provide strong authentication services. NSDT™ uses the audio channel and security features of any cell phone. As a result, no software downloads or hardware modifications are required.

NSDT™ transforms any cell phone into a secure payment or authentication tool and is immediately compatible with all existing cell phones worldwide, whatever the manufacturer and whatever the network, without any hardware phone modification or software download. This solution is 100% mobile network agnostic and can work on any cell phone model.

NSDT™ changes the rules in the mobile payment business

• There is no need to wait for Near Field Communication (NFC) phone deployment to offer mobile payment services to the masses today,
• It is possible to immediately begin nationwide programs to bank the unbanked in emerging markets,
• There is no more need for expensive Point of Sale Capex, Maintenance and Repairs, telephone lines or any type of network to accept on line transactions on NSDT™ terminals: it is the customer’s cell phone that is used as the POS terminal modem

NSDT™ solutions benefit all parties involved

Consumers benefit from the low costs, added security, and increased convenience of mobile payment.

• Retailers can use an inexpensive online POS terminal or rely on their cell phones to accept transactions using Face-2-Face™.
• Telecom operators can transform prepaid telecom accounts into prepaid money accounts, thus offering mobile payment services to all of their customers. Telecom operators also benefit from all call processing fees associated with mobile payment.
• Banks can launch mobile payment schemes independently of all telecom operators.
• NSDT™ uses state of the art web based technologies to process patented secured audio signals through any GSM or CDMA Network.