The initiative is set to ensure secure transactions when consumers use their debit, credit and prepaid cards to pay merchants that use these devices.
The MasterCard MPOS best practices document contains guidance for services providers and merchants, including best practices regarding securing MPOS payment applications, securing transaction data captured by an MPOS card reader accessory, securing personal account numbers (PAN), EMV chip transactions and other.
In recent news, MasterCard has proposed the formation of a cross-industry group aimed at fostering collaboration and alignment between networks, issuers, merchants, acquirers, processors, terminal manufacturers, card manufacturers and other groups in the implementation of EMV technology in the US.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now