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AppDate: Secure business transactions by phone - Vimarsana News

AppDate: Secure business transactions by phone

VerPay Completing transactions telephonically has always been difficult due to the high risk of fraud and the potential for dispute around terms and conditions. The VerPay service allows merchants to make a sale while speaking to a customer. The merchant informs the customer of the amount owing over the phone, and the customer then enters it into the VerPay mobile web app. This generates a shortcode on their screen, which the customer reads to the merchant, allowing the merchant to verify the relevant transaction details. The customer reviews and accepts the T&Cs assigned by the merchant, bef...