Magensa – QwickKey and Magtech Fake Credit Card Detection – CES Startup 2010
If you have a business that needs mobility while taking credit orders, then you might want to check out Magensa and the Magtech for the iPhone. Magensa is a Globally open Database that can check within a swipe whether you have a valid card. The magnetic swipe has a two-factor security login to protect the cardholder and the vendor. You can use it on an iPhone or connect it to a PC via USB to process orders for customers.
Jeffrey Powers talks to Tom from Magensa about this great product. Magensa is in all standard products, so if you get a swipe solution, you get the Database information.
Don’t forget to also check out No Card Fraud – The campaign to wipe out credit card fraud.
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