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What is MAGENSA?

MAGENSA is a Trusted Verification Authority for secure online authentication of payment and ID credentials, data encryption, and other related business services. MAGENSA consists of a registry which holds unique forensic properties obtained from magstripe cards or other tokens, together with a decryption service, an authentication engine, token readers, a database of registered tokens and associated transactions.

MAGENSA enables financial institutions, businesses, government agencies, and issuers of ID credentials to rapidly and easily implement systems that can not only vouch for the authenticity of the credentials they issue, but are also PCI-DSS and FFIEC compliant. An important added benefit is that these systems can be implemented without the need for substantial investment or changes to the existing processing infrastructure.

Think of the MAGENSA solution as an “extension cord” for your enterprise. More aptly, a secure extension cord that extends the usefulness of your card, the power of your brand, the strength of your reputation plus the comfort and familiarity of your business routines.

Wherever, whenever you go…to extend your whole enterprise securely, you can easily plug into MAGENSA.

MagnePrint® Card Authentication Technology

MagnePrint is a proven card authentication technology that differentiates a customer’s authentic magstripe card from an altered or counterfeit version.

MagnePrint is based upon the principle that all magnetic stripes are intrinsically unique due to the random distribution of the magnetic particles. When viewed as an aggregate, the billions of magnetic particles create a unique magnetic fingerprint which is referred to as the “MagnePrint”.

The MagnePrint value changes dynamically with every swipe of the card providing a one time use verifiable password, obtained from a unique, secure and non-reproducible token. All magnetic stripe cards have this property. Thus, MagnePrint has the additional benefit that there is no need to reissue cards to consumers. The existing magstripe cards in the wallets of consumers are already “MagnePrint enabled” and ready for use.