Voice Pay is set to change the way that mobile and Internet payments are conducted. The world's first voice-verified payment processing system, will considerably minimize the threat of credit and debit fraud, the Voice Pay system uses the customer's own voice as a means of digitally signing and authorising payments. It integrates VoiceVault voice biometric authentication technology which is already in use by global banks, insurers and public sector organisations. Voice Pay is using of biometric, anti-phishing and anti-fraud technologies and can assure payment to consumers and business users processing any size of transaction from a penny upwards.

    "Using Voice Pay is secure, quick and easy. No special software or hardware is required - just access to a phone," said Nick Ogden, Chief Executive Officer of Voice Pay. He thinks that the use of voice biometric technology will boost security and consumer confidence making it far safer for shoppers to buy goods and services.

    Nick Ogden added: "Consumers complete a short, one-time only enrolment process during which a few spoken words are used to generate a unique biometric voiceprint. Subsequently whenever a purchase is made, the user voice verifies the transaction over the phone or Internet," Ogden adds. 'No special software or hardware is required'.

    This new solution changes the way that all payments can be undertaken - not only Internet transactions. It brings up many new commercial avenues and the promised potential for voice-verified payments is exceptional. Voice Pay offers clients new freedoms to buy using their mobile phone from a TV or print advertisement instantly or pay for goods in a shop. Buyers simply call the national Voice Pay number and authorize payments over the phone using their unique voiceprint as a digital signature. As well as convenience, the Voice Pay system also provides the buyer and retailer additional safeguards. For instance, those using Voice Pay via the Internet benefit from integrated anti-phishing technology, which guarantees total confidence in the stores that process payments with Voice Pay.

    "Security of personal data and credit card fraud remains at the forefront of people's minds. Voice Pay hands power and control of the transaction to the consumer, who for the first time can digitally sign every transaction using their voice and benefit from a guarantee." explained Ogden.

    VoicePay also offers merchants reasonable credit and debit card payment processing services. Even more, merchants that use Voice Pay for payment processing benefit from other voice technologies, including 'Click to Call' integrated telecommunications functions for their business. Voice Pay is cost effective and easy to use, works anywhere in the world and whenever the retailer receives a signed Voice Pay payment, the transaction is guaranteed. Consumers are not the only group to gain from the service.

For more informaiton visit www.voice-pay.com.