The PCI Security Standards Council has published its new guidelines for mPayments compliance, the PCI Mobile Payment Acceptance Security Guidelines for Merchants as End-Users.
“Even with rapid adoption of mobile technology in payments, security still tops concerns for merchants. It comes down to the basic element of trust. Consumers want to have confidence that their information is protected – whether at their favorite restaurant, shopping online or making a purchase using a mobile device in lieu of a traditional POS,” said Troy Leach, CTO of the PSI SSC.
The guidelines center around three key areas: the security of a payments transaction, the security of a mobile device and the security of the payment acceptance system used by the merchant.