MyLock -Preventing Fraud 8
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Free Version
Publisher Description
Welcome to the MyLock App a tool to prevent fraud with your accounts. We have been fighting the electronic fraud for long and it has only grown to $7.5 billion in the USA ($15 billion globally) in 2015! Today, we have several tools to monitor the fraud, get an insurance cover etc. but, NOT to prevent them. The sophistication on fraud keeps widening with hacking, phishing, lost or stolen cards, skimming (employees of a business steal customer information), counterfeit cards etc. Monitoring leads to legal fights in the court consuming time & money. As always, prevention is better than cure! The objective of MyLock App is to prevent fraudulent transactions. It enables you to register all your accounts (credit card, debit card, insurance account, trading account, etc.) and lock/unlock them individually as needed. An account in a locked state will NOT allow any transactions (other than the pre-authorized/auto-pay) to go through. Even when someone has access to your account password! MyLock App keeps a log of all activities with your accounts including the GPS coordinates from where you locked/unlocked the account, the IP address of the device that was used and of course the timestamp. This log will help you and the account issuer to resolve any potential conflicts. You can lock and de-activate an account for any length of period. The account is inaccessible for transactions until you re-activate and unlock it. All you need to do is acquire a lock and register your accounts for locking/unlocking. This is a free App for those who don t mind advertisement banners at the bottom (our source of income). Alternately, you can buy the locker for a $10 one-time registration fee and $1 in annual maintenance charge per account per year to avoid the advertisements. The Apps offering the monitoring services charge $10 per month! The popularity of MyLock App will bring in more account issuers to participate and eliminate fraud. MyLock App benefits you and the account issuer from potential frauds. The current version is a demo version with 60 sample accounts for you to play with. You can acquire a free locker and register any of the 60 accounts. The locker comes with a password security. The MyLock App can be operated from desktop, tablets, and mobile devices. How is the security implemented in MyLock App? I am sure that everyone would be keen to know including the potential fraudsters! A dynamic key is generated and exchanged by the MyLock App and the account issuer with every lock/unlock transaction. The account information is never shared on the net except during the registration. However, even during the registration, the account issuer will generate a security key and pass back and NOT account details. During the registration, the account issuer verifies the account details and establishes a link with the locker. The MyLock App will NOT STORE any of your account details including the Name, Expiry Month/Year, CVV/password details. Please try the demo and provide feedback for incorporation. Thanking You, MyLock - Preventing Fraud mylockpf@gmail.com
Requires iOS 6.0 or later. Compatible with iPhone, iPad, and iPod touch.
About MyLock -Preventing Fraud
MyLock -Preventing Fraud is a free app for iOS published in the Office Suites & Tools list of apps, part of Business.
The company that develops MyLock -Preventing Fraud is Ramesh Kandadai. The latest version released by its developer is 8.
To install MyLock -Preventing Fraud on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2016-11-30 and was downloaded 1 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the MyLock -Preventing Fraud as malware if the download link is broken.
How to install MyLock -Preventing Fraud on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the MyLock -Preventing Fraud is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After MyLock -Preventing Fraud is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
