Paysafecard taps Entrust for online authentication
24 March, 2010
category: Corporate, Digital ID, Financial
Austrian-based online payment organization paysafecard selected Entrust Inc. and the Entrust IdentityGuard authentication platform to secure its mobile workforce.
Facilitated by Entrust partner CorTEC IT Security Solutions GmbH, paysafecard uses Entrust IdentityGuard and three types of strong authentication — one-time-password (OTP) tokens, credit card-sized OTP display tokens and SMS soft tokens — to properly authenticate remote access users via VPN.
Entrust IdentityGuard SMS soft tokens may be sent directly to a paysafecard employee’s mobile phone. The platform automatically issues a configurable number of OTPs, which can be used as a second factor of authentication. The passcodes expire after a configurable period of time, making them ideal and ultimately secure via SMS.
Entrust IdentityGuard enables organizations to layer security — according to access requirements or the risk of a given transaction — across diverse users and applications. The platform’s authentication options include strong username and password, IP-geolocation, device profiling, questions and answers, digital certificates, out-of-band one-time passcode that are delivered via voice, SMS or e-mail, grid and eGrid cards, SMS soft tokens, and a range of one-time-passcode tokens. Entrust IdentityGuard also provides multiple methods of supporting mutual authentication, including picture and caption replay.
Austrian-based paysafecard has expanded throughout Europe and is now available in Austria, Germany, UK, Ireland, Spain, France, Slovakia, Greece, Belgium, Slovenia, Switzerland, Portugal, the Netherlands, Poland, Denmark and the Czech Republic. There were more than 15 million transactions executed using paysafecard in 2008, and 35 million transactions have been made to date. The service is available at more than 230,000 locations in 16 European countries.