Significant progress towards in-home Chip&PIN devices in 2011

Dec. 15, 2011 - PRLog -- 2011 has represented significant progress for Secure Electrans as the company continues to transition from R&D towards market implementation of its HomePay secure online Chip&PIN service.

The Board, staff and investors of Secure Electrans have been delighted by HomePay’s progression through EMV Level 1 & 2 certification in addition to satisfying strict environmental and health and safety requirements. Secure Electrans’ strategic partnership with accreditation body RFI Global, announced in September, has proved to be pivotal to the swift headway made. A successful live transaction using a HomePay device, conducted in November, has engendered further confidence HomePay’s robustness and for a smooth consumer roll out in 2012.

Chris Jarman has been instrumental to many of the key milestones achieved this year and we have great pleasure in announcing his appointment as Managing Director and Board Director of Secure Electrans.

Board member Dave Plucinsky commented “Chris has brought a wealth of industry knowledge and experience to Secure Electrans and the Board of Directors have every confidence in Chris as a competent leader, and as an innovator and expert in his field -  the ideal choice to deliver HomePay.”

HomePay replicates the familiar retail experience, but in the home with existing EMV Bank Chip Cards & PINs, extending the same high level of security to online shopping, mobile payments, home banking, utility meter and other Top-Ups. In addition, an integrated suite of bespoke web, cryptographic, analysis and payments processing services supports HomePay ensuring strong authentication and data confidentiality.

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Founded in 2000, Secure Electrans Limited is a UK based payments technology business. The Secure Electrans HomePay solution is revolutionary in its simplicity: Replicate the retail EMV Chip & PIN experience in every home. An integrated suite of bespoke web, cryptographic, analysis and payments processing services supports HomePay.

The Secure Electrans’ team comprises of some of the most experienced and respected individuals within their sector. This wealth of technical and commercial expertise alongside clear strategic objectives and patented technologies places Secure Electrans in a strong position to enable in-home Chip & PIN transactions worldwide.