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).
PCI Compliance mandate works to protect Merchants and consumers from fraudulent activity that could occur during the payment process. Most businesses are familiar with PCI Compliance regarding online payment collection but may not be aware of PCI Compliance when processing payments over the phone. Whether your business is operating a singular phone line or multiple lines at once, it is important to familiarize yourself with the risks associated with accepting sensitive payment information during a phone call.
The 3D-Secure 2.0 process has been on every merchant’s mind lately as the deadline for compliance is fast approaching. While the general protocols regarding 3D Secure 2.0 are fairly straightforward there is some confusion regarding the exemptions which have been released along with the 3D-Secure mandate. There are three main categories for requesting an exemption to the Secure Customer Authentication (SCA) flow.
Back in 2018, Europe announced changes that would be coming to the e-commerce, card-not-present payment space. This change was referred to as Secure Customer Authentication (SCA) which described a multi-factor authentication process for all customer-initiated transactions that took place online. As this mandate developed we began to see a new 3D Secure process evolve in order to fill this new protocol.
While credentials on file made its first appearance in 2018 in the Canadian market through Visa it was not adopted throughout the rest of the world or issuers until now. Over the last year, online merchants across Europe have seen an increase in security surrounding customer privacy. This focus has led to new changes within the payment industry, by implementing what is now known as Secure Customer Authentication.
Over the last decade, our society has seen an increase in online organizations selling goods and services to consumers around the globe. Shopping online has become the new normal especially now with everyone working from home and being advised to remain at home with their families to prevent the spread of COVID-19….
COVID-19 has forced a lot of businesses big or small to rethink about the ways they interact with their customers. The brick and mortar retailers who had limited or no online presence are the most affected by this pandemic since they can no longer support….
COVID-19 has rapidly changed a lot of things around the world. Nobody could have fathomed or prepared to deal with a pandemic of this size. Working from home has become the new normal for a lot of individuals and organizations which has come….
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).