Baltimore provides solution for MasterCard

Baltimore Technologies has been selected by MasterCard International to provide the public key infrastructure (PKI) for the MasterCard SecureCode solution, a global e-commerce security solution for protecting against the unauthorized use of confidential cardholder account data over the Internet.

UniCERT, Baltimore's PKI product, will allow MasterCard to issue and manage digital certificates for its member financial institutions, providing enhanced payment guarantees for online transactions.

The MasterCard SecureCode solution helps overcome two of the most pressing issues in e-commerce today: cardholder concerns about the safety of online shopping and internet merchants' need for an enhanced payment guarantee.

The program provides card issuers a way to authenticate the identity of the person completing Internet payment transactions, significantly reducing online fraud and the number of related chargebacks.