Search
26 articles found
HSM & Security
HSM, short for Hardware Security Module, is specialized security hardware built to store sensitive cryptographic keys in a physical environment and to perform cryptographic operations in the most secure way.
HCE
We can list the differences between the NFC Secure Element and HCE payment methods as follows: Secure Element requires a mobile operator and stores card data on a hardware chip, while HCE needs no operator and relies on cloud-based tokenization.
Security
A Secure Card Reader for PIN (SCRP) is a multi-function card reader that turns any iOS, Android or Windows device into a payment terminal able to accept chip and contactless payments with PIN.
Security
“Software-based Mobile Payment Security Requirements” is a document published by EMVCo in April 2020 to guide payment application developers in building secure payment applications. This post summarizes its purpose and who it concerns.
ISO 8583
F64 — Message Authentication Code (MAC): verifies the origin and text of the message between the sender and the receiver.
ATM
At payment points such as ATMs and POS terminals, the most critical step is PIN verification or verifying the customer through their identity information. However, since ATMs cannot verify a customer's identity, PIN verification becomes more important. So how is it performed?
HSM & Security
Secure Element Issuer is the stakeholder that provides, maintains, and updates the secure element in cases where mobile payment application and card data are stored in the secure element inside a mobile phone.
Merchant & POS
The PCI Security Standards Council (PCI SSC), founded in 2006 by Amex, Discover, JCB, Mastercard and Visa, has shared its data security and testing standard for accepting contactless payments on smartphones and tablets without extra hardware.
Online & Authorization
A payment gateway is the high-security connection banks provide for purchases made with a credit or debit card. Learn how it is set up and why it protects cardholder data.
Security
The Visa PIN Security Program Guide describes the security and procedural requirements for acquirers and their agents that process PIN data or manage keys for PINs associated with Visa transactions.
Payment Systems
The Internet of Things (IoT) is a concept first used by Kevin Ashton in a 1991 presentation. It refers to many electrical devices, such as watches, fridges and washing machines, communicating with each other.
Merchant & POS
Magnetic Secure Transmission (MST) is a mobile payment technology in which devices such as smartphones emit a signal that mimics the magnetic stripe on a traditional payment card, letting a physical card's POS use be imitated without upgrading terminal software or hardware.