I Love PIN on Mobile
MYPINPAD’s I Love PIN on Mobile event was an insight into why PIN on Mobile is a transformative technology, which will lead to a massive expansion in mobile acceptance devices.
Point-of-sale terminals and PIN entry mPOS devices will be replaced by everyday smartphones and tablets running secure payment software. This has only been made possible by the card scheme security council (PCI) publishing a new standard on how PIN can be securely captured by a smartphone or tablet. This new standard is known as Software-based PIN Entry on COTS (Commercial Off The Shelf); SPoC, or also known as PIN on Mobile.