KUALA LUMPUR, Jan 7 -- MYPINPAD (MPP), the global leader in secure personal authentication for payment solutions has achieved Payment Card Industry (PCI) Security Standards Council certification for its iOS Software based PIN entry on a Commercial off-the-shelf (SPoC) solution.
“MYPINPAD has been at the forefront of the thinking about and the development of PIN on Mobile since 2012,” said MYPINPAD chief executive officer and chairman, Phil King.
“We are proud to have achieved PCI SPoC certification for IOS devices, featuring a standard non-scrambled PIN pad that consumers trust and are familiar with. We look forward to announcing the same for Android devices soon.”
The UK-based fintech company is amongst the world’s first to achieve certification for its innovative PIN on Mobile solution (MPP mPOS), evaluated by Brightsight.
The solution enables everyday smartphones and tablets to replace traditional Point of Sale terminals and PIN entry mPOS devices, according to a statement.
MYPINPAD’s innovative SPoC solution is seen as a major enabler for the predicted massive expansion in the number of payment acceptance devices globally. The solution is easily integrated into third party applications and can be delivered ‘As-a-Service’.
MPP mPOS will enable even the smallest of enterprises and those in under-served economies to accept card payments, while also relieving merchants and larger retailers from the burden of purchasing and maintaining large estates of traditional POS terminals.
-- BERNAMA
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