News about PCI DSS.
October 23rd, 2015
Poynt, the POS maker founded by former Google Wallet lead Osama Bedier, has raised US$28m in a Series B funding round and announced that it has gained PCI PTS, PCI DSS and EMV certification for its device. Poynt Smart Terminals will run the PoyntOS open platform and include support for third party apps as well as mag stripe, EMV, NFC, QR and Bluetooth beacon transactions.
October 8th, 2014
Zapp, the mobile payments startup formed by UK payments infrastructure operator VocaLink, has announced that major retail chains including Sainsbury’s, Asda, House of Fraser, Thomas Cook, Shop Direct, Spar and Clarks are to use its…
May 19th, 2014
Identify theft protection provider LifeLock has withdrawn LifeLock Wallet, a service built on Lemon Wallet which it acquired for US$50m in December 2013. “Certain aspects of the mobile app may not be fully compliant with payment card industry (PCI) security standards,” says LifeLock CEO Todd Davis. “For that reason, we are removing the LifeLock Wallet application from the App Store, Amazon Apps, and Google Play, and when users open the LifeLock Wallet, their information will be deleted in the app.”
November 26th, 2012
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale.
November 12th, 2012
Atos Worldline has launched Yoximo, a portable POS terminal with a contactless reader integrated into its colour screen. The terminal complies with the PCI 3 and SRED standards, and features a revolving PIN privacy shield.
May 21st, 2012
The body that manages the Payment Card Industry Data Security Standard (PCI DSS) has published a fact sheet outlining how merchants can securely accept payments using smartphones and tablets. In the document (pdf) the PCI Security Standards Council points out that “mobile devices are not necessarily designed to be secure input or storage devices for cardholder data,” and that approved card readers, PIN pads and point-to-point encryption solutions may be required.