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PayMode Electronic Payment and Remittance
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Security Features
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PayMode
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When it comes to electronic payments, security is more than just a technology solution. It is a key philosophy that integrates business practices and legal and contractual considerations with the latest generation of authorization technology.

Our comprehensive, tailored security solution offers PayMode users full control and protection, as all authorized transactions are properly and privately executed.

Our goal is to continually support and enhance this process with better security and controls, while giving users a range of choices — a "sliding scale" of risk/reward options that enable them to make the most intelligent choice for their security needs.

Access Control

Access to the PayMode system is protected by unique Username/Password authentication.
Access to the creation of digital signatures is also protected in keystore configurations using a separate security code.
   

Communications

Confidentiality of all communications through PayMode is provided via SSL encryption technology to conform to electronic protocols and provide cross-platform compatibility.
Financial data cannot get into the wrong hands.
Helps protect against fraud, eavesdropping and tampering with an on-line session.
   

Transactions

“Triple-locked” protection of every transaction:
  Password-protected access
  Encrypted keystores to lock the digital signature keys
  Tamper-proof digital signatures deliver transaction integrity
Payment instructions are transmitted as a digitally signed XML document.
Authenticated digital certificates are used to validate the digital signature.
PayMode digital signature keys are 1024-bit strong, making it virtually impossible to forge or alter an instruction.
Company profiles are maintained to provide clear records of authority, allowing transactions to be originated only by authorized individuals against authorized accounts.
Multi-party controls can be built into a company’s PayMode profile, adding an additional layer of security when required — one party may authorize a payment while another party is responsible for approving it.
Transactions can be protected with user-specified transaction limits to help prevent fraud or unauthorized use.

For more information about PayMode contact us toll free at 866-252-7366.




 



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