AppTech will offer secure mobile payments using simple text messaging protocol. No internet connection or data plan are necessary. Based on industry standards for payment protocols, we will offer standalone products or a fully integrated solution that authenticates the user, processes the payment, and deliver the products or services requested. Our standalone products are fully compatible and compliant with the payment processing industry.
Based upon government encryption techniques for P2P authentication, AppTech has developed a patent pending MFA protocol using simple SMS texting and user selected key words. This secure and text-only protocol will be readily available for payment processing, healthcare records, ticketing, access to entry, etc.
Our Merchant Software will accept and process payments, interact with our eCash banks to perform validation and authentication, sell items, and generate receipts.
In advance of using our secure mobile payment system, our clients will have to register for an on-line digital wallet. Once registered, clients will use their assigned eCoins in their wallet to purchase products or services from any supported merchant, withdraw eCoins from the eCash bank, store and manage eCoins, and track all transactions.
Management and maintenance accounts of clients and merchants.