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Prairie Cloudware's Digital Payments Guardian Goes Live with Mobile PaymentsPrairie Cloudware, an innovator in omnichannel digital payments services, today announced that its Digital Payments Guardian mobile wallet is live with a multi-billion dollar regional bank, facilitating tap and pay transactions with tokenized credit or debit card numbers contained in a secure, bank-branded mobile wallet environment. Prairie Cloudware CTO Brent Adkisson performed the first tap and pay transaction using his mobile phone and tokenized Visa credit card to purchase a Twin (News - Alert) Bing candy bar at a local convenience store. "The largest financial institutions in the U.S. are taking control of the mobile relationships they have with customers by issuing their own mobile wallets," explained Doug Parr, chief revenue officer of Prairie Cloudware. "While other organizations have recently announced their plans to build and launch bank branded mobile wallets, our Digital Payments Guardian is already live and successfully functioning. The future o payments is now, and consumers shouldn't have to wait any longer to gain access to a convenient, secure and preferred mobile payments experience provided by their bank or credit union." Digital Payments Guardian acts as a digital vault for financial institutions, providing customers with an easy way to use and manage their credit and debit card accounts in digital channels. The solution utilizes industry standard tokens provided by the card networks, replacing sensitive consumer information with unique tokens, and NFC tap and pay utilizing Android (News - Alert) HCE at the point of sale, enabling payments to be performed easily, conveniently and with minimal risk. The solution enables financial institutions to meet customers' need for choice, convenience and security when making mobile transactions. By engaging in their everyday transactions, Digital Payments Guardian expands a financial institution's relationship and touch points with customers. It integrates directly with the bank's payments processing services and acts as an extension of its digital channel. About Prairie Cloudware Omaha, Neb.-based Prairie Cloudware enables financial institutions to meet their customers' need for choice, convenience and security when purchasing goods and services online or at the point of sale. Its Digital Payments Guardian™ enables financial institutions to leverage their role as the trusted provider of payments services for consumers while decreasing the cost of fraud and improving their return on investment. Digital Payments Guardian is a cloud-based service that integrates with financial institutions' digital banking services to centralize and secure consumer payment data. Visit www.prairiecloudware.com to learn more. View source version on businesswire.com: http://www.businesswire.com/news/home/20160623005089/en/ |
