appMobi's cloudKey Revolutionizes E-Commerce Security
Patent-pending "Distributed Key" technology stores personal information locally, locked with secure keys delivered from the cloud
LANCASTER, Pennsylvania - appMobi today unveiled its secure cloudKey authentication technology, and announced cloudKey's immediate integration into appMobi's 1Touch "single touch" payment system. 1Touch with cloudKey is ready for use by Web and mobile app developers who seek to offer their users a highly secure and streamlined e-commerce experience. A 1Touch demonstration is available at http://www.appmobi.com/1Touch.
The cloudKey technology takes a fresh approach to secure online commerce in which the user’s credit card information is stored only on the user's device, never in an online database. The private data are stored using 256 bit Advanced Encryption Standard (AES) – the same encryption level approved by the NSA, widely regarded as “unbreakable.” Using a “distributed key” topology, cloudKey stores in the cloud only the decryption keys – information that is valueless without the user’s device and password.
In addition to eliminating online database security risks, the 1Touch payment system also offers users a streamlined way to transact mobile and online purchases with a single touch. As Amazon has proven with its 1Click patent, eliminating credit card re-entry is the best way to increase online sales conversions. With the rise of mobile shopping, ease and simplicity are even more important because credit card entry is much more tedious on a mobile device. appMobi's 1Touch payment system leverages the cloudKey authentication system to provide a more secure, non-infringing alternative to the Amazon 1Click patent.
The 1Touch technology offers simple integration with any payment gateway such as PayPal, Authorize.net, and even direct carrier billing. 1Touch has been tested extensively and is compatible with all popular browsers, including Google Chrome, Firefox, Opera, Microsoft Internet Explorer versions 6.0 and later, and Safari. Like most cloud services, 1Touch is billed at a nominal fee per transaction, rather than a percentage of the transaction amount. Developers who wish to try the 1Touch system can visit the company’s website for full documentation, sample code, sample apps and instructional videos.