Globally trusted card present payments, soon to be available online
In-store checkouts have solved fraud with card present payments. But online checkouts have a growing fraud problem, and mechants wear the cost.
CPoI® brings tap and PIN online. So the card is present, and liability for the fraud sits with the bank, not the merchant.
No false declines
Chargebacks eliminated
Bank owns the risk
How CPoI® works
Built on the existing payment system. No change to cards, acquirers and PSPs.
Paid.
The payment is settled as a card present transaction, and the liability sits with the Issuing bank.
PIN.
The customer enters their PIN. This provides categoric authentication of of their identity.
Tap.
At online checkout, the customer selects CPoI® as the payment method, then simply taps their card against their mobile device - the same way they do in-store.
With card not present payments, fraud is the merchant's bill
Chargebacks you can't win
In around 85% of disputes, the merchant can’t prove the cardholder transacted, and has to pay the refund, loses the goods, and is hit with fees.
Slow settlement
Card not present settlements can take days, or even weeks, meaning working capital sits in limbo.
Good customers wrongly declined
Up to 65% of transactions blocked by anti-fraud AI tools are genuine, and 41% of those shoppers never come back.
Friction that stops sales
One-time codes and extra auth steps that arrive late (or never), which result in lost sales.
The growing cost of
card-not-present
Figures the industry reports, and the gap CPoI® closes.
45%
Growth in chargeback volume in 2024
85%
Disputes a merchant cannot prove the cardholder made
2.5x
The sale value lost on every successful chargeback
65%
Legitimate transactions blocked by anti-fraud tools
$13
Lost for every $1 of falsely declined sales
41%
Shoppers who never return after a wrongful decline
One solution. Multiple benefits.
On the same payment rails
CPoI® uses all the existing payment networks, no changes to acquiriers or tech.
Card and PIN is a globally trusted and familiar way to pay.
Trusted payment process
Faster settlement
Card present transactions typically settle the same day.
No false positives
A genuinely authenticated transaction removes the need for anti-fraud tools.
CPoI® provides categoric proof the cardholder authorised the purchase.
Less chargebacks
Liability sits with the bank
CPoI® is a card present transaction, so the Issuing bank holds liability.