PROPOSAL : Company(orGroup) card issuing process WITHOUT management by the card issuer. CARDHOLDER MERCHANT CURRENT PAYMENT PROCESSOR ISSUER ⑧ CARD ACQUIRER Payment Network PRESENT Static POS Encrypted Encrypted ⑦ Authentication Authentication Authentication c Data Data Data itatpp CARD NOT GATEWAY TSP S PRESENT g into A ⑥ Token Token veiApp ONLINE Real PAN ecr by VAULT d an MOBILE g PAN PAYMENT n al Authorization Authorization dienVirtu S ⑤ FLEET MANAGER ①User Register ②Original or Mobile Card Issuing OTAC (BIN : 111111) swIDch Server ③Original Card Register (swIDch APP) ④Generating Static Virtual PAN ⑥Register Static Virtual PAN in existing PayApps and Use existing PayApps (BIN : 222222) Without Network Connection ⑦Generate Dynamic PAN (BIN : 333333) by swIDch App. (BIN : 222222) ⑧Use Physical rewritable Card (No card information on the surface, BIN : 222222) Copyright © 2018 by swIDch Ltd. A member of the Global Entrepreneurs Programme, Department for International Trade Suite 112, 8 Duncan Street, London N1 8BW, UK www.swidch.com [email protected]