Veritec (OTC -VRTC) and its wholly owned subsidiary Veritec Financial Services (VTFS) today announced the roll out of their Blinx On-Off™ Smart Toggle Debit Card.
The Veritec Blinx On-Off™ Toggle Card uses web-based mobile technology to offer financial cardholders the very best technology in conducting secure financial transactions in real time, protecting personal identity, and financial account security.
Veritec's new Smart Toggle Card™ financial card has multiple features that will greatly benefit card holders. The card can easily be toggled on and off by using a mobile phone or the web. Card holders can receive instant notification of card activities and transfers of funds in real time, within the Veritec system. Veritec's debit card system produces an instant issue non-personalized re-loadable debit card and personalized re-loadable and subordinate family cards. All financial transactions conducted in real time are just a few of the many beneficial features found in the new Veritec's Blinx On-Off™ Smart Toggle Card.
Veritec's technology includes a Proprietary Secure Financial Card Processing Software Platform and is the approved Third Party Processor of debit cards for banks and Visa. Veritec is also an Independent Sales Organization (ISO) to market Visa Branded Debit cards.
Veritec is the patent holder for proprietary two-dimensional Matrix Symbology, VeriCode and VSCode®. The Codes assist in the secure identification of people and products. The combination of a financial debit card and a secure identification card make Veritec's Multi-Purpose Cards unique in its field.
Van Thuy Tran, Executive Chair of Veritec states "We are all proud at Veritec to have achieved this milestone in the financial card market. Veritec continues to aggressively build our Company surrounded by innovative, patented technologies and card processing systems that will be the corner stone of secure identification and financial transactions while reducing complexity and costs."