IoT Payments


In the not too distant future, consumers will be ordering food via their smart refrigerator. We want to protect their purchases.

Tim Sherwin, CEO of CardinalCommerce (VISA)

IXDen software secures financial institutions against real-time identity theft and fraud caused by vulnerabilities in the IoT payments ecosystem.

 

For example, IXDen collaborated with Visa to develop solutions to secure IoT Payments. The solution authenticates each device by its unique behavior, as a security layer over the Visa 3-D Secure 2.0 messaging protocol.

 

The solution addresses increasing security concerns of IoT device payments adoption, including paying home appliances, connected cars and contactless payments by wearable devices.

 

IXDen secures banks, credit card companies, payment gateways and merchants.