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#Innovative FinTech solutions
#Make contactless payments or withdraw money without a card using your smartphone, tablet or computer
Digital chip card technology ("DCCT") is an innovative FinTech solutions FinTech solution that provides secure storage and enables contactless and cardless data transfer between two devices (smartphones, tablets, computers).
We can use it to pay for goods in stores, withdraw money from ATMs without cards, establish a connection between a corporate server and a bank server, to control access, etc.
DCCT uses sound or a QR code as the carrier of information that underlies the transmission process and acts as a more secure alternative to conventional Near-field communication ("NFC") technology, as it protects the user's sensitive data from being compromised all the way during the transaction and after its completion.
The benefits are numerous:
  • DCCT communicates only through web applications and cannot collect personal data from your devices.
  • You don't need to install other apps that could potentially damage your privacy.
  • In order to use DCCT, you do not need to purchase additional equipment.
  • You don't have to enter a PIN code and put your data at risk.
  • You don't have to use any accessories such as smart cards or point-of-sale (POS) card readers.
  • Only use your personal device (smartphone, tablet, computer) that you carry with you every day.
For more details on secure storage and wireless sharing of sensitive data or other data that requires authentication, please refer to https://telinov8.com/how-abdm-works.html and https://telinov8.com/about-qrbdm.html.
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