Using your phone to make payments and manage your cards is widely believed to be the Next Big Thing, but progress is stalled because merchants dont have the type of credit card terminals that the phone companies need them to have, a technology called NFC. IMAGO solves the problem because it can communicate directly with regular credit card terminals and with smart phones, forming a bridge between the two.
"The war of the wallets is on between big players like Visa, MasterCard, Google, Square, and Apple, but merchants and consumers are waiting to see which of these platforms will become predominant,"
Security is a big concern in the mobile payment industry and IMAGO took special care in this area. Each IMAGO card can only communicate with a paired IMAGO App and the user can lock the Card at any time with a long press of the button. The IMAGO App uses bank-level encryption to store sensitive user data in the phone and never uploads any personal user information to the cloud like the Google and PayPal wallets do.
IMAGO is available for pre-order today at www.qsecure.com.
Founded in 2003, QSecure is a leading developer of dynamic payment card technology for the payments and banking industries. The company is headquartered in Los Altos, CA.
Daniel Chatelain ( email@example.com)
Operations & Strategic Alliances