Near sound data transfer
Near Sound Data Transfer (NSDT) is a sound-based mobile transaction technology developed and patented by Tagattitude since 2005. NSDT uses a one time password sent through the audio channel of a mobile device to create an electronic signature enabling secure transactions.[1] The technology uses a phone's audio input and output (speaker and microphone) functionality and thus is compatible with mobile phones in use worldwide.
Applications
[edit]NSDT is primarily used for mobile banking transactions through the mobile money platform Tagpay. It is also used to securely open doors and enable authentication on websites.
See also
[edit]Notes and references
[edit]- ^ Le cash, c'est fini: Quels sont les modes de paiement du futur dans 20 Minutes du 19 mars 2010