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MagicCube

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Who is MagicCube?

MagicCube provides hardware-grade security and software-based secure environments for mobile and Internet of Things (IoT) transactions, with a focus on replacing traditional hardware security modules and secure elements in payment and digital identity use cases.

  • Software-based trusted execution environment for secure mobile and IoT transactions (security infrastructure)
  • Tokenization, encryption, and key management for payment credentials and sensitive data (payment security)
  • Support for card-present mobile payments, in-app payments, and contactless acceptance on commercial off-the-shelf devices (payments acceptance)
  • Compliance-oriented architectures aligned with payment network and industry security standards (regulatory and standards alignment)
  • Developer and integration tools to embed secure processing into enterprise and fintech applications (developer enablement)
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More About MagicCube

MagicCube focuses on software-based security infrastructure that provides hardware-like protection for mobile and IoT devices used in payment and authentication scenarios. Its core technology replaces or augments hardware components such as secure elements and hardware security modules (HSMs) by creating a virtual trusted execution environment on commercial off-the-shelf (COTS) devices. This approach targets enterprises, payment service providers, acquirers, issuers, and fintech platforms that require secure handling of payment credentials and cryptographic keys without deploying proprietary hardware.

The company’s offerings System Integration Testing (SIT) in the categories of payment security, mobile application security, and device attestation for card-present and card-not-present transactions. MagicCube enables secure PIN entry, card data protection, and EMV-compliant processing on smartphones, tablets, and other connected devices. Its platform architecture typically involves secure code execution, code and data obfuscation, secure storage, and continuous integrity checks, combined with remote attestation and lifecycle management from backend services operated by enterprises or payment providers.

From a technology perspective, MagicCube aligns with standards and frameworks used in the payment ecosystem, including EMV specifications, PCI requirements, and card network security rules for contactless and software-based acceptance. The software environment runs on top of general-purpose mobile operating systems and uses cryptographic protocols, key management schemes, and isolation techniques to protect sensitive operations such as PIN verification, token handling, and transaction signing. By operating entirely in software, it allows deployment and updates over the air, without changes to device hardware.

In enterprise and institutional environments, MagicCube is positioned as a component of secure payments infrastructure that can reduce dependence on dedicated terminals, proprietary secure elements, or external Hardware Security Module (HSM) appliances. This can support use cases like turning standard smartphones into point-of-sale devices, securing in-app payment flows, or protecting authentication and identity processes in digital channels. The platform can be integrated via SDKs and APIs, enabling banks, processors, and merchants to embed secure transaction capabilities into their own applications and device fleets.

Within a technical directory or marketplace, MagicCube fits into solution areas such as mobile application security, payment data protection, and secure transaction processing for COTS devices. Its software-based trusted execution and remote management capabilities align it with categories like endpoint security for payments, cryptographic key protection, and compliance-enabling security controls for financial services and commerce platforms. Enterprises evaluating software-based POS, softPOS, or secure mobile acceptance architectures can consider MagicCube as a software security layer for protecting payment credentials and transaction flows on non-specialized hardware.

Our description of MagicCube. Updated December 2025.

Market segments

  • Information Technology / Software & Services / IT Services / Internet Services & Infrastructure

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Headquarters
Sunnyvale, CA

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