Cellum’s years of research into payment security has resulted in a proprietary, patented card vault solution called Split Secret. Trusted by major international brands and subject to constant innovation, Split Secret to date maintains a track record of zero fraud.
Total security is maintained by the combination of knowledge and possession-based safeguards: In order to make a transaction with a card or payment instrument stored in the vault, the user must know the mPIN and be in possession of the device to which the payment instrument was registered. An advanced card registration process involving a nominal payment in conjunction with a one-time password also ensures that only the legitimate cardholder can add a card to the card vault.
Meanwhile, Split Secret solves the problem of vulnerable card databases by obscuring all card data with AES and RSA encryption and scattering the resulting fragments across multiple physical locations. And with the user’s mPIN reduced to a keyword for decrypting the cryptogram, the only vulnerability is the (very unlikely) chance that an unauthorized party can guess the password.