Advantages for financial institutions include:

• Provision of the highest level of electronic transaction security anywhere in the world;
• A very low implementation cost through the utilisation of existing infrastructure;
• Ensures overall system security by utilising existing, well established systems;
• Complies with all Debit and Credit Card Scheme standards and security requirements;
• Complies with national standards as required;
• PCIPED and EMV compliance;
• Accepts both MSR and EMV cards, it utilises existing infrastructure and payment methodologies, reducing implementation cost for Financial Institutions / Merchants and the possibilities for failure;
• Offers systems to protect the PAN; and
• Uses PINs to provide full Cardholder Authentication.