What's New in Payments

New PCI standard to let merchants accept dongle-free contactless payments on smartphones and tablets

PCI SPoC and Contactless standards: What to expect in 2019 — PCI Security Standards Council — “The aim is to develop security requirements for solutions that enable a merchant’s COTS [Commercial off-the-shelf] device to accept contactless payments without the need for a dongle or other type of peripheral reader by leveraging the native NFC capabilities inherent to a COTS phone or tablet.”


What's New in Payments

PCI publishes specifications for PIN entry on mobile phones and tablets

PCI Security Standards Council publishes security requirements for software-based PIN entry on COTS devices — PCI Security Standards Council — “The PCI Software-Based Pin Entry on Cots (SPoC) standard provides requirements for developing secure solutions that enable EMV contact and contactless transactions with pin entry on the merchant’s consumer device using a secure pin entry application in combination with a Secure Card Reader for Pin (SCRP).”










NFC World

Wirecard adds HCE to mobile wallet platform

Wirecard

Wirecard has integrated support for host card emulation (HCE) into its mobile wallet platform, “enabling telecommunications companies, financial service providers, banks and also retailers to quickly enter the mobile payment market through near field communication.”... More


NFC World

Call for contributions: New report on mobile payments and the future of merchant transaction fees

The Mobile Wallet Report

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. More




NFC World

Visa unveils V.me wallet brand

V.me by Visa

The payments giant’s digital wallet is to be called ‘V.me’ and will launch in 2012 as a payment system for online transactions, with NFC at the point of sale and targeted rewards, offers and coupons set to follow. More



NFC World

Visa moves US to EMV and NFC

Visa

“The adoption of dual-interface chip technology will help prepare the US payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale,” says the payments giant. More




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