Providing anonymous and secure transactions, the Payment Token Card (PayTC™) defines a new paradigm for online payments. Credit card numbers and other sensitive data need never be revealed online again.

The PayTC™ is a USB device small enough to fit on a keychain. As the online analogue of the credit card itself, the PayTC™ holds credit card information in a tamper-proof format.

The PayTC™ eliminates the need to provide sensitive data to merchants and other third parties; only the credit card issuer can verify the credit card number and other personal data.

With billions of dollars being lost to fraud and countless cases of identity theft highly publicized, what little consumer confidence there was in the security of online data is being eroded. The recently patented^* PayTC™ solution addresses these issues with the following characteristics:

• Usable only with proper registration and activation
• Unusable if lost or stolen (without password)
• Revocable by the issuer if fraudulent activity is suspected
• Inaccessible: the encrypted data in the PayTC™ is only accessible to the PayTC™ issuer, even over a network transmission
• Confirmable transactions through online approval/rejection to merchants and payment gateways
• Practical through the use of the existing infrastructure and user skillset

Given that internet transactions have increased over the last ten years, the PayTC™’s simplicity allows for a more secure user experience to payments online, diminishing identity theft to consumers and fraud to credit lenders.

^*US Patent Pending