Wednesday, January 16, 2008

Very cool project, credit cards on mobile devices

This opportunity came to me and I am liking it more and more. I have corresponded with the partners and am testing the device today. This technology goes beyond the conventional mobile pay-point on your cell phone and will take it to a whole new level.


PhoneCash/4ray

Toraton Partners Inc.
PhoneCash/4Ray is an m-commerce/payment solution that operates with military grade encryption. It has been tested both domestically and internationally by carriers and OEM's with no breakage, and with zero risk of identity theft. The solution allows any user to make payments, check balances, transfer and receive funds and process credit cards. It allows multiple currencies, balanced on a daily basis and operates on all platforms. It is non-industry and non-niche specific which allows it to be customized to the needs of your clients, in any language. The solution is compliant with the Patriot Act, Sarbanes-Oxley, CISP and GAAP standards; it is ready for private labeling to increase your brand awareness and as a value added service to your clients.

I am testing the device today and will do reports as I explore its functionality and its capabilities.

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