mobiclear launches personal verification system

mobiclear, Inc announced its Personal Verification System. Now it is brought into the operational mode. It is planned that PIV solutions will help eliminate credit and debit card fraud. As Stephen P. Cutler, CEO mobilclear admitted PIV solution is the major step for mobiclear, its shareholders and customers. In order to attract more customers the companies have to be more and more inventive and creative. So mobiclear came up with Personal Identification Verification solutions system. It invented and developed a process to allow customers worldwide to either confirm a card (credit, debit, ATM, prepaid) transaction using their cell phone, or to switch off their credit and debit cards which will disturb anyone trying to commit fraud. 

It is observed that the online businesses worldwide suffered from online credit fraud because it causes $ 100 billion annually according to published reports and surveys related to online business department. 

And it is expected that new technology will reduce such losses and improve the financial situation on good. Now PIV solutions system is being tested. mobiclear is looking forward to get the successful test results. Also the Incorporation is interested in the subsequent full-scale commercial operation of the new system. However, mobiclear Inc has been already known for its products to ensure against fraud in all electronic transactions. And it is believed that PIV will provide better solutions against credit and debit card fraud.