Increased transaction volumes, increased consumer loyalty and reduced abandonment rates serve to increase revenue potential. Simplified Transaction Dialogues Eliminates repeat keying and facilitates one click commerce for the consumer. Essential for service extension to new generation cell-phones and PDAs. Reduced Abandonment Rates Reduces purchase abandonment rates that are symptomatic of complex purchase flows. Enhanced Risk Management Strong end-user authentication, transmission security and transaction audit trails lead to an enhanced risk management proposition.
Service provider is positioned to manage overall health of trading community.
Purchase History Wallet provider has visibility to purchase history for all consumers, across all merchants.