Applications

Mobile Commerce

In 2011 over 11 million people in the US were victims of identity theft. LexisNexis reports that the true cost of fraud to merchants, after charge-backs, fees and lost merchandise, is over $100 Billion annually (2011 LexisNexis True Cost of Fraud Study). Banks and consumers’ losses add another $15 billion. Europe has long embraced the smart card for its minimally increased storage capacity and security over the simple magnetic stripe form factor card. And the recent success of companies like Square, PayPal and iZettle, which market a simple magnetic stripe card reader attachment for iPhone, iPad and other mobile devices, shows that the mobile transactions infrastructure market is developing with speed. But a critical component is missing: a card and reader solution with security, mobility, capacity and compatibility.  Mobile, in-store, and e-commerce financial transactions can be secured, using BluStor, with iPad and iPhone used as the transaction device.

What's Possible? Read our White Paper
Enhanced Security using Multi-Factor Biometric Authentication