Paydunk is a truly secure mobile payment application that streamlines the online checkout process and returns privacy back to the user. Unlike many payment applications out there, Paydunk is not a payment gateway or a mobile wallet. Paydunk’s technology can be incorporated into any eCommerce website and is browser based, allowing customers to use it from any connected device.

US eCommerce sales are forecast to reach $500 billion by 2018, but there are two major problems the eCommerce industry is facing today; a time-consuming and cumbersome online checkout process and an increase of cyber-crime. There are more people than ever using mobile devices for online purchases and the current experience is not aligned with expectations for a fast and user-friendly checkout. Paydunk solves both of these problems.

With Paydunk, the long checkout process becomes the simple ‘swipe card, enter pin, hit OK’ experience everyone knows from in-store checkout. This is accomplished by reduc...
Paydunk is a truly secure mobile payment application that streamlines the online checkout process and returns privacy back to the user. Unlike many payment applications out there, Paydunk is not a payment gateway or a mobile wallet. Paydunk’s technology can be incorporated into any eCommerce website and is browser based, allowing customers to use it from any connected device.

US eCommerce sales are forecast to reach $500 billion by 2018, but there are two major problems the eCommerce industry is facing today; a time-consuming and cumbersome online checkout process and an increase of cyber-crime. There are more people than ever using mobile devices for online purchases and the current experience is not aligned with expectations for a fast and user-friendly checkout. Paydunk solves both of these problems.

With Paydunk, the long checkout process becomes the simple ‘swipe card, enter pin, hit OK’ experience everyone knows from in-store checkout. This is accomplished by reducing the steps required to make a purchase online and replacing usernames and long passwords with PIN-based authentication linked to the user’s mobile device.

Instead of filling out shipping, billing and payment forms on the merchant website, all sensitive financial information is encrypted and stored locally on the user’s device. Paydunk connects directly with eCommerce payment gateways to deliver financial information, creating a fully enclosed PCI compliant system.

With every other payment solution available, the customer’s information is collected and stored on servers along with that of millions of other shoppers. Cyber-crime, which has been increasing dramatically in recent years, specifically targets these repositories of financial information.

Unlike the alternatives, the Paydunk user’s sensitive information is never collected or stored on Paydunk servers and is never shared with 3rd parties. To Paydunk, the user is just a number. It’s like being your own Swiss bank account.

With checkout times reduced to under 15 seconds and the ultimate in privacy, Paydunk is well-poised to turn the mobile payment industry on its head.
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