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ScramCard

scramcard.com

Stage

Angel | Alive

About ScramCard

ScramCard offers a viable solution to the significant security risks currently associated with card payments and access control, which is both affordable to rollout and easy to use.

Headquarters Location

Bangkok Bank Building, 18 Bonham Strand West Suite 1602

Sheung Wan,

Hong Kong

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ScramCard Patents

ScramCard has filed 5 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/15/2016

9/28/2021

Payment systems, Contactless smart cards, Banking technology, Payment service providers, Mobile payments

Grant

Application Date

11/15/2016

Grant Date

9/28/2021

Title

Related Topics

Payment systems, Contactless smart cards, Banking technology, Payment service providers, Mobile payments

Status

Grant

Latest ScramCard News

Former Westpac exec fights fraudsters with Da Vinci card

Oct 9, 2017

17 minutes ago  |  238 views  |  0 A former senior security executive at Westpac has founded a firm that lets people put all of their cards on a single piece of plastic that generates one-time PINs for transactions. Called ScramCard, the UK startup lets users link up to eight cards, online or via an app, to their Da Vinci Choice Mastercard, which has an e-ink display, touch numerical keypad and battery. When they want to make a payment in-store or make an ATM withdrawal, users press a button to pick which card they want, then press the POS button and enter the Da Vinci card's PIN, which generates a one-time code that is entered into the terminal. The card also supports contactless, requiring users to press a tap and pay button and enter their Da Vinci code before a transaction. Meanwhile, for online and telephone purchases, the card generates a one-time expiry date and CVV number. The brainchild of former Westpac chief security officer Hewitt, ScramCard is inviting Brits to register interest in the £75 Da Vinci card ahead of its planned arrival early next year. Says Hewitt: "Right now, the industry is stopping two-thirds of card fraud, but criminals still made off with nearly £300m in the first half of 2017. It’s beyond time that we stop it all. This is our vision. "I’ve seen first-hand how easily people fall victim to fraud, and even if the money is returned, it’s a huge hassle and leaves people in the lurch with their personal finances. Our proposition is simple; work with us to cut financial fraud out of your wallet."

ScramCard Frequently Asked Questions (FAQ)

  • Where is ScramCard's headquarters?

    ScramCard's headquarters is located at Bangkok Bank Building, 18 Bonham Strand West, Sheung Wan.

  • What is ScramCard's latest funding round?

    ScramCard's latest funding round is Angel.

  • Who are the investors of ScramCard?

    Investors of ScramCard include Stewart Milne.

  • Who are ScramCard's competitors?

    Competitors of ScramCard include HYPR and 4 more.

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