Voice Pay - Voice-Verified Payment Processing System

With its use of biometric, anti-phishing and anti-fraud technologies, Voice Pay can provide payment guarantees to consumers and business users processing any size of transaction from a penny upwards.

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

"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".

Voice Pay changes the way that all payments can be undertaken - not only Internet transactions. It opens up many new commercial avenues and the potential for voice-verified payments is phenomenal. Voice Pay gives consumers 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 offers buyer and retailer additional safeguards. For example, consumers using Voice Pay via the Internet benefit from integrated anti-phishing technology, which ensures total confidence in the stores that process payments with Voice Pay.

Ogden explained: "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."

The Voice Pay's patent pending process has been developed by Ogden, who founded the Internet payment processor, WorldPay, before it was sold to the Royal Bank of Scotland in 2002. He was also the first person to guarantee internet payments and built Europe's first online store. Ogden and Biometric Security worked for more than a year developing and refining the technology and processes that are now encapsulated in the Voice Pay payment processing system.