Payment schemes

Redefining domestic payments around the globe

Integrate and aggregate

Bluechain’s Request-to-Pay overlay service is unique. Its open architecture allows Bluechain to integrate into almost any existing payment rails and aggregate multiple payment sources. In doing so, Bluechain adds a vast array of payment scenarios, in-store and online, nearby and remote, and push and pull.

Foster financial inclusion and cash-lite economy

Bluechain’s mobile payments platform is ideally suited to geographies that don’t have an established payments infrastructure. Customers aren’t required to hold a credit card or debit card to send or receive money. By leveraging mobile technology, accessible to 5 billion adults across the globe, Bluechain gives the unbanked easy access to the financial system, promoting a cash-lite society and economic transparency. Banks can roll out payment solutions to merchants without expensive POS devices. The intuitive interface is accessible to merchants and consumers who have limited financial literacy.

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Protect data sovereignty

All account and card data can be domestically owned, maintaining data sovereignty and protecting domestic industries from foreign political interference via international schemes domiciled abroad.

Settle without a secure pipe

Bluechain secures the message, so settlements can be sent “in the clear”. This removes the need for costly point-to-point secure pipes. The privacy of transactions can be secured using standard (SSL2) systems without worrying about the security of the transaction.

Flexible licensing

Bluechain’s licensing model has the flexibility to cater for the varied needs of different payment processors, from national switches to local banks and payment gateways.

Fraud-protected

Bluechain’s innovative security technology does not use tokens and eliminates the need for exposing cardholder data or bank account details during a transaction. Funds cannot be debited without the knowledge and approval of the user.

Authenticated push and pull

Typically, most switches only push transactions. Yet the traditional payment process between a merchant and consumer is a pull. Bluechain enables push-only gateways to integrate request-to-pay with an acceptance process (pull) and translate that into an authenticated and secure push.

One platform for every type of payment

Simplify back-end processes by supporting them all on one platform. Central banks and switches attempting to deal with a proliferation of payments by cards, mobile money and payment gateways will benefit from Bluechain’s single managed network.

Secure mobile payments on any open network

Bluechain’s innovative security solution eliminates the need for exposing cardholder data or bank account details during a transaction. The transmission of the transaction can be via any open network, including Bluetooth and Wi-Fi, without loss of security, creating a seamless payment experience.

Reduce fraud and data breaches

Bluechain eliminates the need to expose cardholder data during a transaction, including online, in-store, P2P and electronic bill payments. With Bluechain’s patented security technology, the identities of both parties and their account or card details are never revealed, during or after the transaction, providing the ultimate level of security.