The event that ‘brings together the entire financial services industry’ is back next week, and MYPINPAD is heading to Money 20/20 in Amsterdam to discuss how developments in mobile technology has changed payments acceptance forever.
PIN on Mobile
In February this year, we hosted an executive briefing at MYPINPAD’s headquarters in Canary Wharf introducing the PCI’s new standard for software-based PIN entry on mobile devices for card payment acceptance. The event raised awareness of PCI’s new SPoC standard and explored its impact on the retail and payments industry and, ultimately, the consumer.
Fast forward 4 months and PIN on Mobile no longer needs an introduction, after a successful pilot scheme it is estimated that smartphones and tablets could account for 30% of the POS marketplace (according to some estimates accounting for over up to 50m POI) within the next 5 years.
With this in mind, we’re in no doubt that PIN on Mobile will be a major talking point at Money 20/20. And rightly so.
Money 20/20 Talking Points
Looking at the agenda, we can see that innovation and security will once again be the talk of the town. It is also great to see that the merchants’ voice will be heard at Money 20/20.
MYPINPAD will be happy to discuss our solutions, and how we aim to increase merchant card acceptance whilst mitigating risk for both retailer and consumer.
We are looking forward to Money 20/20 Europe and we hope to see lots of you there!