FinTech Pay vs IPS ID Wallet

FT Pay is a secure and simple way to process credit card transactions from your iPhone. Just sign in with your gateway credentials and you can be processing payments in seconds. Features include: • Process swiped, keyed, and chip sale and credit transactions (card reader sold through your merchant service provider) • View a complete history of mobile transactions. • Refund and void previous mobile transactions. • Set a tax rate to be automatically applied to all transactions. • Accept signatures from your customers. • Save location data with transactions. • Automatically send email receipts. • Share receipts with customers with almost any app on your device.

The ID Wallet app allows you to store and manage secure, authenticated, fully functional digital identity credentials. Apply for or register to receive a reusable digital credential (verifiable credential) either remotely or in-person, after which you can access the secure credential and share selected identity attributes online or in-person to prove your identity. Key Features: • Multi-credential management (wallet) with customized onboarding workflow for each credential. • Privacy-preserving technology—personal identity attributes are not stored in the Cloud, but on the user’s device, secured by device biometrics. • Consent confirmation for all data sharing with requested attributes listed and user consent to share requested. • Fast registration and identity proofing ◦ Document scanning extracts data from the scanned document. ◦ Accurate selfie-matching with certified liveness detection. • Syncing of identity data and status with data held by the issuing authority. • Custom messaging from issuing authority or gateway partner both at the time of attribute updates and status updates, or as needed. • Both in-person and online identity verification ◦ In-person with transaction-driven data sharing. ◦ Online (web and mobile app) with transaction-driven data sharing from both end-user and gateway-triggered experiences. • Transaction activity log with history to track the types of attributes shared by the user (not the data itself) in each transaction with a relying party (the organization owning the website, web application, or mobile application that the end-user wants to access). • NFC Scan & MRZ Scanning for ICAO Documents: Utilizes NFC and Machine-Readable Zone (MRZ) scanning for verification of ICAO-compliant documents. App Functions: • Document Authentication with Selfie Validation ◦ Scan any supported identity document ◦ Validate the selfie against the document portrait • NFC Passport Scanning with Selfie Validation ◦ Scan your NFC passport ◦ Validate the selfie against the document portrait • NFC Identity Card with Selfie Validation ◦ Scan your NFC identity card ◦ Validate the selfie against the document portrait • Quick In-person sharing option ◦ Enable quick trigger of ISO18013-5 presentment • Online QR code scanning ◦ Scan option for online authentication • In-person presentment with ID Verify app ◦ ISO 18013-5 compliant device-to-device transfer ◦ Requests full ISO 23220-4 photo ID content • OpenID connect (OIDC) compliant authentication transaction for verifying parties • Ad hoc notification ◦ Allows issuers to communicate with the end-user • Credential lifecycle can be managed by customer through a Rest API • Supported operations ◦ Suspend: Credential is suspended from being used for presentment. ◦ Resume/Reinstate: Credential is reinstated and can be used again for presentment. ◦ Revoke: Credential is removed from the device ◦ Attribute Updates: Add/modify any identity attribute to update credential.