Security
Retail & E-Commerce Payments
Rambus retail software enables retailers to create a secure unified buying experience both in-store and online, offering scan-and-go, integrated merchant wallets and mixed payment solutions with credit cards, loyalty points and gift cards, reducing costs, increasing revenue and keeping customer data safe. For online transactions, Rambus serves as a gateway to third-party tokenization services to tokenize card on file data using EMVCo tokenization, reducing risk in case of data breaches.
| Payments Solutions | Product Brief | Description |
|---|---|---|
| Vaultify Shop | Digitizes payment, gift, and loyalty cards in addition to coupons into a single mobile wallet app, creating a frictionless shopping experience | |
| Token Gateway | A single interface to multiple network tokenization services to request EMV payment card tokens for e-commerce and digital wallets (HCE). |
Improved Time-to-Market
Reduce implementation time with a unified platform to connect to OEM Pay as well as bank and retail mobile wallets
Utilize HCE technology to quickly bring mobile payments solutions to market
Enhanced User Experience
Retain branding and drive digital engagement with bank and retail mobile wallets
Increase customer adoption with support for major mobile payment platform
Superior Security
Utilizes tokenization to minimize unauthorized use of cardholder or account data
Can provide layered security with cryptograms, domain controls and tokenization
Reduced Cost
Integrates with existing infrastructure and processes
Support closed-loop payments to reduce transaction fees
Mobile and Retail Payment Solutions
NFC-based mobile payments offer many advantages to consumers, retailers and financial institutions alike. For consumers, mobile wallets provide a convenient, “tap-and-go” frictionless shopping experience, seamlessly integrating credit/debit cards, gift cards, loyalty points and coupons, while leveraging enhanced security features like multi-factor authentication and biometrics. For retailers, mobile wallets result in cost reductions and offer higher customer satisfaction through a frictionless check out experience and personalized recommendations. Finally, for banks mobile wallets result in enhanced protection from fraud and the ability to offer value added services.
See how Rambus is bringing simplicity and trust back to mobile payments
Scan and Go: How Mobile Wallets are Transforming Retail
Brick-and-mortar merchants are in the midst of a period of unprecedented disruption. Long-term structural trends mean that retailers must address decreasing revenues and escalating costs, while evolving the in-store experience to meet the demands of the connected consumer. To be successful, however, retailers must focus innovation efforts on solutions that can immediately increase revenues, enhance the buying experience and deliver operational efficiencies. For this reason, transformative technologies such as mobile scan-and-go solutions are coming to the fore, with deployments across the world gaining momentum.
What is Card-on-file EMV Payment Tokenization?
The way we pay is changing. Consumers are now using their PC, smartphones, wearable devices and even cars to buy goods and services. The size and value of the card-not-present (CNP) market, therefore, is increasing exponentially as payment use-cases across e-commerce, m-commerce and the Internet of Things (IoT) emerge and mature.
