Addressing the figure
(cont):
2. Using SMTP (email)
the form is transferred to
transaction recipient for
transaction authorization.
3. To authorize valuable
transaction – the person
performs 2-factor strong
authentication over HTTPs
vs. MACS.
4. On-success
CryptoBiometrics binding
is performed to digitally
sign transaction form. The
signed copy is retained by
transaction recipient for
future audit.
5. Digitally signed form is
transferred to transaction
provider using SMTP
(email). The signed copy is
retained by transaction
provider for future audit.
6. Digitally signed form is
uploaded over HTTPs to
payment processor.
7. Payment processor
validates transaction
over HTTPs vs. MACS.
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