PCI Security Standards Council Releases Guidance for Mobile Payment Security | News | Hospitality Magazine (HT) - 0 views
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The PCI Security Standards Council (PCI SSC), an open, global forum for the development of payment card security Standards has published the PCI Mobile Payment Acceptance Security Guidelines for Merchants as End-Users.
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Even with rapid adoption of mobile technology in payments, security still tops concerns for merchants. It comes down to the basic element of trust.
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Currently, it is challenging to demonstrate a high level of confidence in the security of sensitive financial data in devices that were designed for other consumer purposes.
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The PCI Security Standards Council published the PCI Mobile Payment Acceptance Security Guidelines for Merchants and End-Users on February 19, 2013. "The PCI Security Standards Council's mission is to enhance payment account data security by driving education and awareness of the PCI Security Standards. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc." The guidelines educates merchants on risks that they must be aware of in order to protect their customers' data when they are using mobile devices for payments, such as smart phones and tablets. As more merchants turn to handheld devices for payment options, they must consider new security risks. With these new guidelines and procedures, merchants will learn what is needed to isolate and prevent card data from exposure to the public.