Description
Main Functions:
- User Authentication
- Transaction Management
- Encryption and Decryption
- Information Storage
- Fraud Prevention
User Authentication
Verifies user identity using PIN codes or biometric technologies such as fingerprints.
Transaction Management
Processes transaction requests for swipe, insert, and contactless payment methods.
Encryption and Decryption
Ensures the security of transaction data during transmission through encryption algorithms.
Information Storage
Securely stores user account information, transaction records, and other related data.
Fraud Prevention
Detects and prevents fraudulent activities through various algorithms and rules.
ChipUp Pte Ltd 