Why the PayTC ?
Sunday, November 23rd, 2008Welcome to my blog. Over the last few months we at KanataIT have focused our efforts in developing an alternative online payment system. Unlike all the other online payment systems consumers find in the internet, ours is defined quite simply as the replacement of the plastic credit card.
With many years in the the IT security business, I found myself uncomfortable disclosing my credit card number, card expiration date and all the other credit information that every online merchant requests when I opened an online account. We all know the risks: credit data gets stored in these online merchant systems and two things could happen: either the online merchant storage is hacked, or an inside job is done, and bingo -thousands of credit cards are open to