Digital payment solution

From bank cards to the digital payment experience

Digital payments now go beyond physical bank cards. SMP’s solutions support banks in developing their digital payment services, from the digitisation of cards and their integration into mobile payments, through tokenisation, to strong customer authentication.

Digital wallets and mobile payments

With the digitisation of bank cards, customers can also make payments using their compatible mobile phones, smartwatches and other devices. Digital wallet integration enables cards to be securely added and used within mobile payment ecosystems such as Apple Pay and Google Pay.

Card tokenisation

During tokenisation, the system uses a unique digital token for transactions instead of actual card details. This reduces the direct use of sensitive card details and lays the groundwork for digital wallets, mobile payments and other cardless payment processes.

Strong client authentication

Software-based authentication solutions support the secure identification of customers and the authorisation of transactions via digital channels. Multi-factor authentication can combine various elements, such as a registered device, a PIN or biometric identification, to ensure a secure and straightforward customer experience.

The solutions can be integrated into banks’ mobile apps and existing payment infrastructure, enabling payments, card digitisation and authentication to be carried out as part of a unified digital customer journey.