Standard credit and debit cards use a standard technology, managed by EMVCo, to allow for both Chip and Pin transactions and contactless payments with card readers and terminals. Card readers therefore include an extra level of security by including the requirement of the customer's security pin for accepting payments.
E-commerce transactions on the internet allow for card data to be input in forms, and submitted in encrypted form to the payment providers, and, in some instances, include 3D secure which requires a customer password to be input to accept the payments.
SimplyPayMe was established as a software payment solution, designed originally for tradesmen, for whom both the customer and address were expected to be known, therefore mitigating, in many instances, the occurrence of credit card fraud. The app was therefore developed as an effective mobile internet payment method, where the credit card data could be scanned and sent encrypted directly from the smartphone. This was complemented with a web-site dashboard to allow card payments to be taken over the telephone and for emails with Paylinks to be sent directly to customers.