http://www.scienceline.org/2008/02/25/ask-mahan-cryptography/ The Shortest Distance Between You and Science Fri, 20 Nov 2009 14:16:34 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.scienceline.org/2008/02/25/ask-mahan-cryptography/comment-page-1/#comment-1910 Siraj Tue, 24 Jun 2008 15:26:08 +0000 http://scienceline.org/2008/02/25/ask-mahan-cryptography/#comment-1910 Very interesting article! Kudos to the author. Now I know a lot more about online cryptography Very interesting article! Kudos to the author. Now I know a lot more about online cryptography

]]> http://www.scienceline.org/2008/02/25/ask-mahan-cryptography/comment-page-1/#comment-1432 Diane Shaib Mon, 25 Feb 2008 14:05:48 +0000 http://scienceline.org/2008/02/25/ask-mahan-cryptography/#comment-1432 Orbiscom, a Dublin, Ireland-based technology provider to the payments industry, pioneered in 1998 a solution for securing online payments. The product permits credit and debit cardholders to shop online or on the telephone without revealing their real credit or debit card details. A substitute card number, expiration date and security code is generated at the point of online checkout to protect real credit card details. The consumer receives the substitute number via a small download that sits on their desktop or by going to their bank’s website...there is no need to get another plastic card or any other physical device...and the online or telephone merchant does not need to modify any procedure because the substitute number is a valid card number (Visa, MasterCard, or Discover). Since the "substitute card number" is the one that resides in the online merchant’s data base, the consumer's true card details are not exposed. In the seven years that we've been in market, our clients and their customers have never had an incident of fraud or misuse of credit card details when using this product on millions of transactions totaling billions of dollars. This security product is offered for free for cards under the various brand-names of our clients: "VAN" (Virtual Account Numbers) at Citibank, "ShopSafe" at Bank of America, and "Secure Online Account Numbers" at Discover Card. PayPal has recently introduced a version of this product for their customers, “Secure Cards”. The PayPal Secure Cards product also offers a very cool feature...a “receipts manager” that retains copies of completed transactions for all online purchases made with Secure Cards. Orbiscom, a Dublin, Ireland-based technology provider to the payments industry, pioneered in 1998 a solution for securing online payments. The product permits credit and debit cardholders to shop online or on the telephone without revealing their real credit or debit card details. A substitute card number, expiration date and security code is generated at the point of online checkout to protect real credit card details. The consumer receives the substitute number via a small download that sits on their desktop or by going to their bank’s website…there is no need to get another plastic card or any other physical device…and the online or telephone merchant does not need to modify any procedure because the substitute number is a valid card number (Visa, MasterCard, or Discover). Since the “substitute card number” is the one that resides in the online merchant’s data base, the consumer’s true card details are not exposed. In the seven years that we’ve been in market, our clients and their customers have never had an incident of fraud or misuse of credit card details when using this product on millions of transactions totaling billions of dollars. This security product is offered for free for cards under the various brand-names of our clients: “VAN” (Virtual Account Numbers) at Citibank, “ShopSafe” at Bank of America, and “Secure Online Account Numbers” at Discover Card. PayPal has recently introduced a version of this product for their customers, “Secure Cards”. The PayPal Secure Cards product also offers a very cool feature…a “receipts manager” that retains copies of completed transactions for all online purchases made with Secure Cards.

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