Recently, information and communications security leader Thales and mobile credit card processing expert Miura Systems announced that they will be teaming up to offer more secure mobile payment solutions.
There have been many advances in the mobile credit card processing industry that are working to make this method a more viable option for merchants and consumers. However, Thales and Miura still felt that mobile payments lack the security offered by more traditional methods. In response, they are releasing a number of mobile point of sale solutions that allow buyers to make purchases with a PIN number, as well as with chip-based EMV payment cards.
“Mobile acceptance has seen tremendous growth globally over the past year, but there has remained a gap between the payment options available at fixed, in-store point of sale terminal and mobile devices,” said Ian Hermon, mobile payments specialist at Thales e-Security. “As a payment technology leader, Thales is working with innovators such as Miura to close that gap by delivering the same high levels of security to the mobile world as have become commonplace in the traditional in-store fixed terminal environment.”
According to US News, other ways users can make their mobile credit card processing experience safer include using apps that issue digital receipts, favoring systems that offer two-factor authentication and paying close attention to bank statements to monitor for fraudulent charges.Back To Blog