E-Purse System: Smart Card Electronic Purse
Stored value on a smart card: reload at a counter, pay at the POS with PIN protection, even without an internet connection
An e-purse (electronic purse) keeps a money balance on a smart card. BSD Infotech’s e-purse application issues and reloads cards, deducts payments at POS terminals and logs every transaction, with mutual authentication between card and terminal and PIN protection for the cardholder.
For canteens, campuses, corporate cafeterias, clubs, transit and loyalty programmes
Talk to BSD Infotech
Tell us where the cards will be used, the number of cardholders and outlets, and whether payments must work offline.
What Is an E-Purse?
How the E-Purse Application Works
Card issuer
Issues each smart card with the reload and POS terminal public keys, the card’s private key, the initial balance and the PIN.
Reload terminal
Increases the balance on the card according to user input, after card and terminal authenticate each other. Several reload channels can be used in one deployment.
POS terminal
Deducts the purchase amount from the card, with the same mutual authentication as the reload terminal.
Transaction logging
Every transaction is logged for reconciliation and reporting.
Security Built into Every Transaction
PIN authentication
Cardholder PIN with a configurable retry limit; a card can be locked until it is re-validated by an authorised terminal or administrator.
Mutual authentication
A terminal only works with genuine, provisioned cards, and a card only with registered terminals.
Encrypted key exchange
Prevents balance values from being tampered with in transit.
Terminal key management
Each terminal is provisioned individually, so terminals can be added or revoked easily.
Where E-Purse Cards Are Used
Canteens & cafeterias
Cashless canteens in schools, colleges and corporate cafeterias.
Campuses
One card across outlets on a campus or in an office.
Clubs
Member cards for club outlets and facilities.
Transit fares
Smart card fare collection on buses.
Loyalty & membership
Stored value alongside loyalty points.
Events & venues
Cards and wristbands for cashless events and parks.
Cards, readers and balance checkers: see smart cards, NFC readers and balance readers.
Need an E-Purse Built into Your System?
Custom e-purse and card applications
BSD Infotech develops card issuance, recharge and payment software around compatible smart cards and readers, integrated with your POS, database or ERP.
See the E-Purse in a Free Demo
Tell us your venue, number of cardholders and outlets.
Sales
Email: info@bsdinfotech.com