LeapLock Secure Checkout gives merchants total control over their payment flow while reducing their scope for PCI compliance.
PayLeap, an industry leading payment gateway platform and service delivery company, has launched an innovative secure hosted payments form capability called LeapLock Secure Checkout, built into its transaction management platform. This new technology was presented at the opening of the Midwest Acquirers Association (MWAA) show in Chicago as part of an innovation competition, and placed second as a finalist.
LeapLock Secure Checkout was developed in response to other industry solutions that appear to be a more secure method of checkout for online merchants but present a high security risk due to the merchant server still establishing a payment session with the consumer.
Using an embedded iframe, the patent-pending technology of LeapLock can easily and seamlessly be integrated into the checkout process through a simple API. The merchant servers send a simple request to PayLeap which programmatically creates a customized hosted payments page that matches the styling look and feel of the current checkout environment. LeapLock then initiates the payment session between the cardholder thus eliminating the merchant servers from the payment equation.
“Using LeapLock, the merchant servers send a simple request only containing instructions on what the form should look like. So they never transmit or see any cardholder data,” says Aaron McClone, CTO of PayLeap. “This reduces much of the security risks associated with PCI compliance.”
“Many online merchants continue to face challenges with redirects and poor user experiences resulting in lost sales,” says Rod Katzfey, COO of PayLeap. “Merchants who currently use a seamless checkout process have much higher security risks and costs of being PCI compliant. LeapLock eliminates the weaknesses of other solutions by completely removing the merchant servers from the payment equation while providing a branded, seamless user experience.”
PayLeap is working with shopping carts and software developers to integrate the LeapLock technology, and have several merchants utilizing it as well.
About PayLeap PayLeap is a leading, innovative, payment platform company delivering a full suite of solutions for eCommerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock, and mobile payment capabilities. Known for innovative, secure payments technology, PayLeap is leading the evolution of online processing. Visit http://www.PayLeap.com to learn more, or call 1-877-472-9532. http://www.facebook.com/PayLeap.