Security

With complete Internet access and powerful processors, mobile phones are nowadays much like computers. Although this has increased the functionality of the phone, new security treats are being introduced. For instance, it is becoming more and more feasible for unauthorized parties to gain remote access to a mobile phone.

Accumulate is in the forefront with its client security elements that consists of RSA keys, IMEI (serial number of the phone), MSISDN (phone number), SIM and PIN verifications. The recently implemented voice verification, which enables a 3^rd factor authentication, is further increasing the overall security of the solution.

However a high security level is not only achieved trough a secure client but also build upon secure processes. Accumulate also use dual line communication meaning that two lines are separately connected when the mobile phone is communicating with either a point of sale terminal or a computer. This allows a transaction to be completed without the need to enter sensitive information at the recipient, which is commonly the most exposed part in a transaction.