The PCI Security Standards Council (PCI SSC), founded in 2006 by Amex, Discover, JCB, Mastercard and Visa, has shared its standard on data security and testing requirements for accepting contactless payments on commercial off-the-shelf products such as smartphones and tablets, without the need for additional hardware.
Emma Sutcliffe, PCI SSC Standards Officer, said:
“Providing the payments industry with standards and resources that support secure acceptance in new and emerging card payment channels is an important focus for the Council.
“The PCI CPoC Standard is the second standard published by the Council to address mobile contactless acceptance. In particular, the PCI CPoC Standard provides security and testing requirements for solutions that enable contactless payment acceptance on a merchant COTS device using a built-in NFC reader.”
With the clarification of the CPoC (PCI Contactless Payments on Commercial off-the-Shelf) standard, it can be said that the number of players offering solutions in this area may increase, and merchants will be able to accept payments more accessibly compared to traditional POS terminals.
Companies such as First Data, Samsung, Mastercard and Visa recently launched mPOS solutions.
In Turkey, in the communiqué prepared pursuant to paragraph 5 of Article 4 of the Tax Procedure Law General Communiqué No. 507, published in the Official Gazette No. 30791 dated 30.12.2019 and covering the establishment of a Secure Mobile Payment infrastructure, the system is called the Secure Mobile Payment and Electronic Document Management System.
You can find all the details of the relevant communiqué at the link below.
https://ynokc.gib.gov.tr/UploadedFiles/Files/GMOEBYSTeknikKilavuzu3.pdf
In light of this information, we can say that mobile payments will become a bigger part of our lives and that devices accepting digital payments will increasingly replace physical POS devices.
