How they describe themselves: Ixaris develops innovative applications that make sending and receiving money fast, simple and economical. Its Opn (pronounced ‘open’) platform makes it possible for anyone to create and run payment applications that use global payment networks like Visa, MasterCard and SWIFT. Whether it’s collecting money from any bank account around the world or sending money by issuing a Visa or MasterCard, Opn makes it easy. As the first open payment application platform that connects developers with global payment networks, Opn relies on ground-breaking proprietary technology and extensive banking relationships to allow entrepreneurs to develop new payment applications or simply enhance their existing business with customized payment capabilities.
How they describe their product/innovation: We will be demoing Opn Card Guardian, an application that automates the corporate purchasing process through one-time-use virtual Visa cards. We incorporated the word “guardian” into the name of the paylet to convey the extra protection it provides during the purchasing process.
Opn Card Guardian generates a virtual Visa card that is pre-loaded with funds for a specific transaction. This purchase is then completed automatically on behalf of the merchant, with no human intervention, using the issued virtual Visa. Executing the paylet through an API makes it very easy to integrate and convenient to access via any internet browser-based PC.