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Cryptite's main product, operational on Jan 1, 2012, is an agnostic re-programmable interface card. This ISO standard card enables smart-phones and feature-phones to securely transmit payment card data/associative card data/etc., to all existing unmodified magnetic stripe Point of Sale terminals around the world. It allows eWallets and card-aggregation applications to work anywhere, anytime, and can be demonstrated now.

Cryptite's other product, in cooperation with Cryptite LLC (www.cryptitellc.com), is a security application for mobile devices, as defined in its 4 patent filings to date. This application will enable the use of payment cards, on mobile and personal trusted devices, and with contactless/NFC POS transaction terminals, in addition to providing high security of local device data. Cryptite Inc may use this application to secure its softcard data transfer to the mobile trusted device eWallet for mobile transactions (M2M and P2P) and data communications to the mobile reprogrammable interface payment card that will work with any unmodified magnetic stripe POS merchant terminal in the world. This post-issuance re-personalization payment technology for mobile transactions and physical POS financial transactions is a core product of Cryptite Inc.

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