FINALOGIC offers easy, secure, mobile cash like payment solution using SmartPhones. Without any cards or additional payment terminals.

FINALOGIC has developed an electronic payment solution that benefits consumer and merchants in the same way as cash payment. Customers and merchants only need to load the FINALOGIC application (APP) on their SmartPhone or PAD.

The FINALOGIC service is suitable for the following business areas: Cash like payments, online payments, Point of Sale with Prepaid/Debit/Credit Cards, Private and Business use, anonymous and non anonymous payment transactions. The payment transaction can be processed without cash register or payment terminals – just by using the SmartPhone. - A mobile network has to be available.

Advantages:

• Business processes can be realized by NFC or optical Code (Mobile2Mobile, Mobile2CashRegister, Mobile2m-Commerce, Person2Person).
• FINALOGIC Mobile Payment supports different kind of accounts: bank/debit account, credit cards, prepaid and loyalty accounts.
• High flexibility: For each transaction the customer can choose which card or account to use.
• A special authentication and identification process guarantees security.
• Fraud - like Man-In-The-Middle attacks - are avoided by a multi-trust-server concept.
• High security: Information on credit cards are according to PCI standards saved on a trust server and not on a chip.
• Without additional hardware:
• Real-time-Online in WLAN or mobile network.
• Merchandise management system for mobile merchants.

 
Application-Types:

• Mobile2Mobile
• Mobile2CashRegister
• Mobile2M-Commerce