MYPINPAD (MPP) has strengthened its position as a leader within secure personal authentication for payment solutions, achieving a Payment Card Industry (PCI) Security Standards Council certification.
The UK based fintech company landed the certification for its PIN on Mobile solution (MPP mPOS) and its iOS Software based PIN entry on a Commercial off-the-shelf (SPoC) solution.
The solution deepens efficiency within the payments sector, enabling everyday smartphones and tablets to replace traditional Point of Sale terminals and PIN entry mPOS devices.
Phil King, CEO and Chairman, MYPINPAD, said: “MYPINPAD has been at the forefront of the thinking about and the development of PIN on Mobile since 2012. 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.
“Since inception MYPINPAD’s commitment to this technology has been unwavering. Our platform has been designed to make available Secure Card Reader-based and contactless payment acceptance solutions, the latter called MPP SoftPOS as a software only solution, with attestation and with the pre-integration of our code inside every payShield HSM.
“We look forward to being able to offer on a global basis PCI SPoC certified MPP mPOS on all devices and scheme approved MPP SoftPOS on Android devices in the new year.”
MYPINPAD’s SPoC solution can have a key impact in the predicted massive expansion in the number of payment acceptance devices globally. The solution is easily integrated into 3rd party applications and can be delivered ‘As-a-Service’.
Importantly, PIN entry is via a standard PIN pad image (not scrambled), ensuring seamless customer adoption. The technology supports use by people with visual impairment and people with other disabilities, which is critical in certain markets, delivering the world’s first fully inclusive solution.
Rob van Marrewijk, Director Business Development at Brightsight added: “It is a pleasure to work with the creative and skilled MYPINPAD team and help bring new and innovative payment solutions to market. We look forward in continuing our partnership with MYPINPAD in the years to come.” F