This article outlines the significance of PCI MPoC certification, highlights the key assets and potential threats associated with MPoC solutions, discusses the security measures needed to safeguard against these threats, and emphasizes the importance of regular penetration testing for such products
The article discusses opportunities for iPhone mobile payment application vendors, highlighting the integration of NFC (Near Field Communication) technology and the importance of ensuring EMVCo compliance for secure payments.
With iOS 17.4 supporting NFC for contactless transactions, developers can now create mobile payment applications without needing additional hardware.
These applications must meet strict EMVCo security standards, as defined by the SBMP (Software-Based Mobile Payment) certification program, which evaluates the resilience of payment apps against common threats like reverse engineering and data extraction.
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The EMVCo trademark and certification marks are owned by EMVCo, LLC. (www.emvco.com)
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