Banks

Why should banks adopt V-Mac system?

The homogeneus trend of the last years in the banking world has been offering to the account owners the ability to access information and make operations on line. In addition to credit cards and the more used check cards a new type of card has approached the market in the last years: prepaid cards. These cards are focused on daily expenses like fuel, gifts or meant to be given to relatives in place of cash.

In a general dynamic of lightening the money transactions by means of payment cards, DTS created a mobile phone based system meant to improve the service offered by the banks and got an european patent for it. Banks wanting to keep pace with new technologies and empower their customer assistance activities need systems that are:

- More complex, in regards of transaction security

- More efficient in the handling and utilization of users' money