MC Token Shield is a software-based mobile payment security platform developed by MagicCube. It provides device-independent, hardware-grade security for tokenized payment card transactions on mobile devices, without relying on hardware chips such as those found in smartphones from major device manufacturers. The platform is designed for card issuers, merchants, and mobile wallet providers who need to secure and authenticate tokenized card transactions. By operating independently of device hardware, it removes the dependency on proprietary secure elements controlled by smartphone manufacturers, eliminating the associated licensing costs and integration complexities. Key operational characteristics: - Supports tokenization and protection of over 1 million payment cards - Integrates with any mobile application via a single API - Enables remote provisioning and updates over-the-air (OTA) - Certified at PCI-DSS Level 1 SP - Compatible with any smartphone or tablet, regardless of manufacturer