About us
When Garry Gibson needed a secure payment system that anyone could use to provide certainty of payment to for their business, he looked at what was available in the market - and the market was found wanting.
Having examined all the options, it became clear that the solution he sought existed in parts, through a number of incompatible point solutions, but there wasn't a single simple cost-effective way of bringing all the components together. And so, VETT was born in the UK and patented as a new unique way of providing secure remote transactions.
A single VETT platform will deliver more than the sum of best attributes and benefits from any combination of existing point solutions.
VETT provides a unique 21st century solution to the problem of being certain that secure transactions have been completed. VETT is determined to change conventional thinking and breakdown current doctrines regarding payment security by providing the payments market with a new simple approach that is "SImply Secure".
Uniquely, consumers do not need any special device or software to hamper them whilst VETT's third factor authentication tecnique, together with multi-layered security, provide some of the insurmountable obstacles that criminals will face in the VETT enabled world.
VETT (Verified Electronic Transaction Technology) was incorporated in June 2006. VETT’s primary role is to promote and licence IPR for its patented technology (patent granted in July 2004).
Managing Director and creator of the VETT technology, Garry Gibson, has drawn together a group of seasoned professionals to bring this system to market.
VETT introduces a range of products designed specifically for remote commerce as opposed to the limited specific use demonstrated by many internet offerings. All VETT products can be accessed via Telephone, Mobile, Internet, SMS as well as real world transactions face-to-face. In fact, VETT operates across all forms of current and any future communications channels.
VETT’s simple but elegant functionality can deliver flexibility for many different applications in a variety of commercial environments.
Beyond the applications highlighted within these pages you will find a few of the many potential applications are listed here:
- Authorised Debit. A natural complimentary evolution of the direct debit system offering real benefits to consumers and massive savings for Banks and Billers.
- Digital Signature. Will enable anyone with a bank account to sign and authorise almost any document with little more then a simple phone call.
- Identity Verification. VETT will enable an individual to say ‘this is who I am’ rather than just ‘this is who I say I am’ as one would with an ID card.
- Remote Voting. Will support shareholders or directors unable to attend a meeting.
- Remote Banking. Unconstrained by the financial industry’s present limitations, VETT enables consumers to fully utilise remote banking facilities via Mobile, Telephone and the Internet.
With VETT, the process for each and every one of the applications can be defined as a ‘transaction’ rather than just a simple secure payment. Each application will utilise the same core components enabling true flexibility and adaptability. VETT is a single platform solution with for multiple applications and this means a fast return on investment for all our clients.
Please contact us to find out more.
