Security

Internet banking security standards are utilized by Paymency. As a successful pioneer of Internet banking, Gary Lewis Evans is founder and CEO of Paymency. He brings over 35 years of banking experience, including Internet banking experience since 1994.

Consumers

  • Encrypted and secure document transmission
  • No credit card or bank information is stored on the smart phone or merchant computer 
  • No personal credit card numbers or the highest risk bank account Pin and Password
  • Challenge questions and/or email alerts are generated when there are any changes to customer information, phone or payment irregularities
  • Make payments anonymously
  • When Data encryption on the smart phone and in the Cloud when possible
  • Consumers are notified when payments are made

SMS unbanked or small Merchant  - city - non-profit - church

  • No PCI (Payment Card Industry) requirements - we hold all data and info on our end
  • Encrypted and secure transmission other than SMS
  • Real time transfer of money from consumer to merchant account within Paymency
  • Worldwide ability to access and monitor business activity
  • Ability to assign levels of access and authority to merchant’s data and activity
  • Merchants are notified when payments are made or money is deposited to account

Merchant Payment Apps

  • Encrypted and secure document storage and transmission
  • Never ask for bank account Pin and Password
  • Challenge questions and/or email alerts are generated when there are any changes to customer information, phone or payment irregularities
  • Microsoft Azure Cloud storage and security
  • Our security and KYC is a function of our payment and digital currency used
  • We are designed to manage by exception