PADUCAH, Ky., Sept. 21, 2015 – As new mobile wallet offerings continue to be introduced as payment options, financial institutions are focused on deploying card programs that are both compatible and secure. To ensure its customers can capitalize on these mobile transactions, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, offers tokenization-support capabilities that allow for participation in the recently announced Android Pay™ payment service.
Through tokenization, CSI customers can fully participate with all leading mobile wallet providers, including both Apple Pay and Android Pay, by substituting a digital payment token for the consumer’s personal account number (PAN). The tokenization of payment credentials enables CSI customers to provide their cardholders with greater security. With enhanced security features and a growing number of consumers using mobile devices for payments, banks can leverage CSI’s tokenization abilities to broaden their customer base and ultimately provide superior service to cardholders.
“Consumers are moving more and more toward mobile-based payments, and financial institutions must have programs in place that enable them to facilitate these transactions seamlessly,” said Steve Powless, CSI’s chief executive officer. “Our ability to support tokenization for Android Pay demonstrates our commitment to bringing advanced payment capabilities to banks of all sizes, while decreasing opportunities for fraud.”
CSI’s fully integrated payment and mobile banking services empower financial institutions to deliver a secure mobile commerce experience to consumers. Additional mobile card services include CSI’s Card On/Off functionality, which gives consumers greater control over their cards, and mobile remote deposit capture (RDC). While tokenization further complements the bank’s security and risk management practices, CSI supplements tokenization with strong authentication programs, advanced card monitoring services and enterprisewide risk management services to provide comprehensive security on all CSI platforms.
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, and regulatory compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.