Around the world, businesses face multiple problems with payment platforms.
Forgotten passwords, abandoned purchases, omnichannel issues, chargebacks, identity and payment fraud, false positives, push payments, offering loyalty rewards…the list goes on.
Most worryingly, fraud is on the rise:
- $24.26 billion lost to card and identity fraud worldwide in 2018
- Fraudulent chargebacks make up 42% of retail fraud losses
- Over $331 billion lost or passed up through false positives worldwide in 2018 in the US alone
Nuggets is the only self-sovereign identity and payment platform that solves these issues.
With Nuggets, your customers can pay anywhere, physically or virtually, as part of the overall experience. Enable Nuggets as a natural extension of ordering a product or service, instead of just a process at the end of a purchase.
Reduce losses. Gain revenue
Nuggets minimises regulatory and reputational risks. It also reduces losses from fraud, false positives and fraudulent chargebacks. And increases revenue. All with the privacy and security of blockchain.
Simple and secure payments
Enable Nuggets, and your customers can use various payment methods, including credit and debit cards, direct bank payments, local payment methods and cryptocurrency. And you’re spared the risk and cost of storing their data.
Nuggets also eliminates push payment fraud, by creating verified IDs on either side of the transaction, which ensures payment requests made outside of the established channels cannot and will not be processed.
Strong Customer Authentication (SCA) and a frictionless alternative to 3DS2
SCA is required as part of the European Second Payment Services Directive Two (PSD2). Nuggets meets – and exceeds – this requirement by authenticating with the user’s verified identity and biometrics – on every transaction, big or small. Plus, it gets rid of insecure password, SMS and email verifications.
The result: you can give customers a fully compliant, seamless payment process. Without worrying about significant dropoff, which often happens with 3DS2.
More transactions and omnichannel
Trusted and verified transactions mean more successful payments – which means more peace of mind for you.
We also offer mPos with NFC, QR code and audio signal – so there’s no need to pass card details online, in store and over the phone.
Fully customisable. Easy to integrate. Cross-platform.
It’s easy to integrate Nuggets solutions and modules. They can be fully customised and white-labelled, and integrate easily with your existing products and services.
Nuggets is available on Android and iOS, desktop and multiplatform.GET IN TOUCH