How it works

PoP essentially functions in the same way as an ATM or an EFTPOS device. PoP creates a highly secure point of presence into a financial institution's electronic network directly from the customer's home. Customer Authentication is achieved through swiping your debit or credit card and entering your PIN, the exact same way that they are authenticated in a shop front transaction. In turn, the exact same level of security is provided. Only your bank will ever know your details, as you will have a direct connection to it. This eliminates the possibility of a 'man-in-the-middle' attack and therefore a loss of identity to a criminal.

Advantages

• Protection against identity theft;
• Familiar, easy-to-use ATM style interface;
• Several times cheaper than a standard EFTPOS device (and every bit as reliable, guaranteed);
• Completely secure payments without ever leaving the comfort of your home;
• Further security measures can be provided when necessary, through the use of optional encryption wrappers;
• Compatible with both MSR and EMV (ICC) based cards;
• Protects the user's debit and credit card number for secure e-commerce.