Screen scraping
eCommerce or mCommerce transaction need to be fast, safe and secure. Noncustomer should ever be at risk in having their data compromised. Screen scraping involves 3rd party platforms and apps that mirror the banks interface. The customer then unknowingly inputs their details, and that Fintech then stores the information. Increasing risk of customers payment details being unnecessarily exposed. Banks should control and protect their customer.
With Bluecode, we provide a safe mCommerce payment channel on the account rail. It is not a workaround. Bluecode only operates with full bank endorsement and in full compliance of domestic regulation. By disintermediating card costs and cumbersome backoffice management of a shadow operation like screen scraping Bluecode can deliver a fast, safe and efficient payment at a dramatically lower cost to the merchant and ultimately the consumer.