ROWEM, Signs MOU with CyrexPay for ‘PASSIKEY Global Payment Integration Project’

2021-06-30

ROWEM (CEO Ahn Tae-ho) announced on the 24th that they have signed a strategic business agreement (MOU) with CyrexPay (CEO Lim Ju-seop) for the ‘PASSIKEY Global Payment Integration Project’.

With ‘PASSIKEY’, users are able to Register/Pay for all services around the world with just one ID and simple authentication. PASSIKEY is a global integrated authentication platform app supporting 2-channel and 2-factor authentication minimizes unnecessary authentication procedures only by applying API. Indeed, a 30% of total of the worldwide sites are using 2-channel and 2-factor authentication.

As a company specializing in integrated authentication platform, ROWEM has been recognized for its technological reliability by establishing its own patent-based authentication solution and by acquiring ‘FIDO UAF 1.0’.

ROWEM is presenting new possibilities for authentication by providing user authentication solutions and platforms for various industries and services, eliminating the burden of establishing a safe authentication system for service companies, password syndrome of users, and inconvenience of complex authentication. ROWEM is also servicing a global K-POP voting platform app “STARPASS” which has 3 million members in 184 countries, working with “SBS Inkigayo”, “SBS MTV The Show” and “SBS MTV The Trot Show.”

CyrexPay is a service that provides a payment environment where customers can make payments through various methods. CyrexPay also supports payment gateway service and sales settlement service that covers both online and offline.