The new Chip Shield Reader fits in the palm of your hand and connects to desktop computers over USB and mobile devices over the audio connector. The device works with any credit or debit chip card, and with the Chip Shield Web Assistant, it can provide enhanced security for any online shopping or banking site without any changes to those sites.Chip Shield leverages the encryption technology built in to your new bank card to generate unique private key signatures that will unlock your online accounts and personal data only when your card is inserted into the Reader.
The Chip Shield Web Assistant securely injects payment data into merchant websites and eliminates all manual data entry. This helps protect customers from computer viruses that track keyboard input and accelerates the check-out process down to a few seconds. The Assistant can also manage all of your online account passwords and provide extended authentication to protect online banking sites.
Chip Shield is integrating their products with bank Tokenization systems to generate dynamic, merchant specific card numbers for each purchase. These Virtual Account Numbers mask your actual credit card number and provide custom charge limits and expiration dates to protect you from merchant data breaches.
Chip Shield will be available thd Summer for an introductory price of $20.
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