PIN on glass is not yet acceptable for debit payments?

first_img 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Entering a PIN on a physical pad of numbered buttons has just surpassed being a 50-year old technology, created with the first ATMs. The current security requirements around PIN management and transmission, ISO 9564, dates to 1991.Today’s smartphone users are accustomed to tapping PINs on their screens, to unlock the phone and access mobile banking. But to make a debit transaction, the consumer still needs to press the buttons on the PIN pad. Security certification of dedicated hardware-based PIN pads assured that the PIN could not be compromised, and could be transmitted securely. “PIN on glass” implies entering PINs on many different phones, tablets, built-in screens on gas pumps, kiosks, etc. This represents a new challenge, because these screens are inherently software devices that potentially can be modified remotely, infiltrated by malware, or hijacked by fraudsters.There is definitely a market demand for PIN on glass. Self-service kiosks at quick-service restaurants, tablets at the table at casual sit-down restaurants that enable ordering and paying, next generation fuel pumps with touchscreen access, and the proliferation of self-checkout lanes at big box hardware stores and member clubs, all clamor for the ability to enter PIN on glass. continue reading »last_img read more

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