Solutions & Technologies

Controlled Payment Numbers™

Enable consumers to make card-not-present purchases without revealing their real card details and with no changes required at merchant POS

Research shows that 80%+ of consumers are concerned about using their Credit Cards online. How do you address your cardholders' fears and encourage them to spend more with your card online? Orbiscom's proven Controlled Payment Numbers™ application is an innovative solution that enables your cardholders to generate a substitute credit/debit card number when they make 'card not present' purchases, so that their real card number is never revealed. CPN allows cardholders to set controls over how the merchant uses the number, including amount and expiration.

Customers can shop:

  • At ALL merchants, both virtual and physical (MOTO)
  • Without having to reveal their real card details to the merchant
  • Without the merchant having to do anything � NO MERCHANT ADOPTION REQUIRED

How it Works

  • Customer accesses CPN application on issuer�s website. The CPN application can be downloaded to the customer�s desktop (slim client) or served up to the customer each time through the issuer�s webcare / customer self-care interface (thin client)

  • Cardholder requests a card number (which will front their real card number) from the bank for use in any Card Not Present transaction

  • Depending on the controls set by the cardholder (or the card issuer) the number can be good for one transaction or for multiple transactions

  • Transaction will ultimately be authorised and settled against the cardholder�s real account

  • Transaction will appear on card statement as if real card had been used

  • Works for debit and credit cards

  • BILLIONS OF DOLLARS TRANSACTED � NO FRAUD!

CPN Vs Identity Theft

Market feedback continues to show the value of Controlled Payment Numbers:

  • Consumers and retailers continue to demonstrate concern about shopping online:

    - 40% of US and European consumers have stopped an online transaction due to security concerns
    (August 2006)

    - 43% of online retailers report a growing consumer concern re threat of fraud from online shopping
    (May 2007)

    - 65%+ of US consumers reduced online spending due to security concerns from revealing card details
    (2007)

    - 68% of consumers are concerned that their credit or debit card info will be stolen if they shop online
    (August 2006)

    - 80% of consumers feel more vulnerable online than a year ago
    (November 2006)

    - 80% of consumers would spend more online with a safer way to pay
    (2007)

  • Approximately 90% of consumers presented with the CPN concept rate it as the right product to provide them with the online security they seek and rated it much more highly than alternatives such as a bank’s guarantee of zero liability.
  • $2 Billion was lost in e-commerce sales in 2006 due to consumer security fears: $1 BB from specific site avoidance, $1 BB from not shopping on any site
    (August 2006)

Do you need more information? If so, please contact us.
View Discover AdsClick here to view the television ads for Discover Card's 'Secure Online Account Numbers' product.
View Discover Ads »