Veritec, a developer of mobile banking debit card solutions and proprietary two dimensional barcode (VSCode), has rolled out a Visa branded multi-purpose card. It will have Veritec’s proprietary VSCode on the back of the card.
Veritec’s VSCode is a secure data storage container that holds several thousand bytes of data. Having the VSCode on the back of the prepaid card will enable banking institutions, governments and organizations to use it as a multi-purpose financial and secure ID card.
Veritec is registered in Visa Third-Party Agent program as an independent sales organization and merchant servicer. Veritec may promote and sell Visa branded card programs and provide back-end cardholder transaction processing services on behalf of Security First Bank, a California-based commercial bank.
