Online Ecomm and SaaS Merchant Transactions extension directly to the Offline mobile Customer

 

MetaSepia enables >1 Billion videochat-capable offline phones for Online Ecomm payments and Mobile2Mobile payments with 2 distinct emerging products:

1. We extend Online Ecomm Payments directly to the Offline Customer with typical TLS/SSL and P2PE transactions! We achieve this by using the common devices display and selfie-camera hardware. This effectively creates the Offline-customer to an Online/Cloud merchant communications layer via any such device, greatly reducing merchant friction and adding the fraud, security, wallet function, receipting and rewards, and other typical Online payments features at the mobile Point of Sale (mPOS). The merchant mPOS actsa sa a relay and the transaction protocol is between the Offline phone and the cloud-merchant. We enrichen the Offline Customer experience at the Online-merchant mPOS. We support Offline to Online ID Verification protocols for emerging proximity-based apps.

 

2. We enable Mobile-to-Mobile Mutual Authentication, Transactions, and Payments with the same EMV/Other protocols as present NFC payments, but use the optical channel as the communications interface between phones rather than an RF/NFC layer. In this instance we provide a similar payment protocol as NFC-EMV Contactless payments, with Authorization Request sent to the Payment Services Provider. We also support offline-to-offline payments with identical protocols as present batched offline NFC payments. The optical transactions occur between phones, and not an online cloud/server, in similar manner to present mobile contactless CNP transactions. We can also execute typical TLS/SSL protocols between Offline phones. This product supports emerging mobile phone Proximity Transactions with Mutual Authentication and ID Verification features.

 

We provide mutual authentication and support EMV, TLS and other protocols for all such devices and all Operating Systems. Our system extends SaaS Cloud Payments, Online Merchant Payments, and Mobile to Mobile payments and transactions.  We provide offline data sharing at the mPOS. Our technology is software-only, not requiring the Secure Element chip, and utilizes existing Secure Enclave and Point to Point-encryption (P2PE).

Our system will also enable in-session anonymous Offline Payments and ID Verification for video-chat networks. Adoption via a common Zoom/Other member marketplace offering, for instance will be available to >850 million daily users. This is an ad-hoc network for almost all devices as a network-effect multiplier opportunity and beta test opportunity.

We demonstrated a mobile to mobile GooglePay and Paypass optical payments between offline IOS and online Android devices on the Abrantix CH certified test network, processing an HCE static test token in 2.39 seconds in Dec, 2020. This Mobile to Mobile payment prototype utilized a certified EMV L2 kernel with protocols for mobile NFC, with normal payments services provider processing and transaction authorization for NFC payments. We can also demonstrate a similar TLS transaction.

Company partnerships in MetaSepia assisting to achieve this extraordinary technology include  Cryptomathic GB, Smart Architects GB, and Abrantix CH. These company partnership, utilizing some of their ~100 collective payments and security engineers will assist, as needed, in development of this network. Our motivated partnerships have vetted the technology with demonstrated capabilities, a fully-inclusive payments for all devices vision, IP protection, a professional team, and an existing opportunity in the rapidly emerging mobile to mobile payments!

We’re raising  $2 Mn in seed funding in 2021 for a 12+ month program to advance the prototype to MVP and beta-testing, and are working towards partnering with payments processing partners in 2021. The low cost of entry to MVP and high upside potential as a ubiquitous device low-friction ad hoc Mobile to Mobile transactions network qualifies this as an exceptional partnership and investment opportunity!

Fast encoded bidirectional fully-emissive data colorgrams

The multi-bit always-emissive color beacon technology greatly increases bidirectional data payloads and signal-to-noise improvements over static QR codes, and can be located across the displays as patterns, logos or other branded or personalized objects. The beacon’s multiple colors offer multi-bit data depth far exceeding QR data density, and necessary for fast EMV or online security protocols and data sharing with processing in similar times as NFC payments.

 

Please view our short slidedeck on this site for more information on this exciting opportunity of merging online payments with the offline consumer and introducing payments to the existing video-chat networks to grow the largest scalable mobile payments network!

 

Join us as we extend online payments and turn on the largest global payment networks!

Kerry Brown, CTO and co-founder:  kbrown@metasepia.com

Seed Round and Partnership Opportunity

Youtube links and Downloads

Mobile Optical, no-NFC, EMV and other protocol Payments Systems for all devices and OS with front-facing cameras. We extend online payments directly to offline customers at the mPOS!

Our Team

David Watkins

CEO, CFO, director

Kerry Brown

CTO, cofounder, director

Peter Landrock. PhD

Crypto Security Expert, cofounder, director

Dan Cvrcek, PhD

Advisor, Steganography and analysis

Cryptomathic A/S

Partner

Smart Architects UK

Partner

Abrantix AG

Partner

Contact Us

Full NameEmailComment