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Netswipe Turns Your Webcam into a PDF Print E-mail
Saturday, 06 August 2011
Credit card fraud is rampant, and the trend is set on an up scaling trend in the near future. With financial institutions employing various ingenious methods to deter credit card fraud, still, fraudsters are working diligently in cracking the codes, which makes these security measures somewhat worthless.

Nevertheless, Netswipe hopes to turn the tides on credit card fraud, whereby their system hopes to offer extended security for processing payments online. Basically, their system utilizes your webcam as part of their payment processor, whereby consumers will need to scan their credit card through the webcam-based Netswipe secure card reader solution. Apparently, consumers will need to hold their credit card in front of the webcam, and then enter their CVV code through a tamper-proof mouse-controlled interface. Also, the system enhances security from insecure forms, and website spoofing, simply by verifying details through a live video stream. Personally, I find the process to be somewhat tedious, don’t you think so?

Netswipe Turns Your Webcam into a Credit Card Reader

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