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How is a PayMate transaction via mobile made secure?

April 26, 2017mobile paymate Secure transaction

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How is a PayMate transaction via mobile made secure?

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You have a 4-digit PIN (chosen by you when you register) which is known only to you and nobody else. Since every payment is authorized with the PIN it ensures that you are in complete control of every transaction. Also, the PIN you punch on your mobile happens over an auto-IVR call-back and there is no manual intervention whatsoever. This is the same level of security as your T-PIN and other IVR systems used by banks across the world.