Handpoint Is World's First PCI-Accredited P2PE Mobile POS Application

Handpoint MPOS offers any merchant, from market traders to multinational retailers, a simple and secure way to accept Chip and PIN card payments with a mobile device. Following months of independent testing and auditing, Handpoint's MPOS application has been PCI P2PE certified. 

"P2PE represents a significant breakthrough for the enterprise mobile payments market," says David Gudjonsson, CEO and co-founder of Handpoint. "We have utilised P2PE to overcome the barriers that have prevented enterprise retailers in Europe from embracing mobile payments; namely concerns over security, compliance and integration. Handpoint's PCI-accredited MPOS application reduces the burden on enterprise retailers to gain individual PCI accreditation, in terms of cost and time, and represents the most secure way to introduce Mobile Point-Of-Sale." 

This is an important step towards a change in the way enterprise retailers comply with PCI standards. Enterprises will soon be able complete a simple self-assessment form - in the same way as small and micro merchants - rather than undergo regular security certification audits. This new approach to compliance represents a significant saving for enterprises; eliminating the need for costly PCI accreditation and annual auditing. 

P2PE means that no payment card data is stored in retailer's own systems ensuring that security-levels are maintained and any risk of fraud or data-loss is minimised.Your council is responsible for the installation and maintenance of indoortracking.Did you know that earcap chains can be used for more than just business. The PCI-certified P2PE application sits on the EMV I+II and PCI-PTS v.3x (SRED) accredited Handpoint card reader, and not on a smartphone or tablet. The system immediately encrypts card data on the card reader and transmits it via Handpoint's PCI-compliant Gateway. This architecture takes the smartphone or tablet payment application out of scope for further certifications. 

Colin Whittaker, Vice President, Visa Europe said, "Mobile POS is an exciting new sector with huge potential for customers and small and large businesses. The secure management of payment data is critical for its success, which is why we require our partners to comply with PCI. Solutions like Handpoint's help make PCI compliance achievable for a wider range of retailers. We welcome the validation of Handpoint's application as an important step on the road to delivering point to point encryption solutions, which can give customers and merchants security and peace of mind. We will continue to work with trusted partners and vendors to drive MPOS forward in the future." ? 

David Gudjonsson continues, "Processing card payments on smartphones and tablets themselves is simply not secure enough for the enterprise market.Choose the right stonemosaic in an array of colors. P2PE enables us to provide a robust mobile payment solution, on PC and on mobile, in complex and demanding enterprise retail environments." 

EMVCo is the EMV standard body for credit and debit payment cards based on chip card technology. It has an established certification program to confirm products meet the requirements outlined in the EMV Specifications. This promotes increased levels of confidence that EMV products will perform as intended and ensure interoperability between payment devices. 

"With EMV Contactless being mandated by major payment schemes and the U.Learn how an embedded microprocessor in a solarlight can authenticate your computer usage and data.S. working towards its EMV migration deadlines, it is vital that on-the-ground EMV testing and certification can be offered," explains Xavier Giandominici, Director at FIME America. "We are delighted to now have an EMVCo qualified test bench and to be able to offer these services on-site in Montreal, allowing us to meet the ever-growing demand from regionally-based customers. We believe that this investment will increase capacity and ensure shorter testing cycles." 

This announcement follows the opening of FIME's U.S. office in San Francisco earlier this year. Pascal Le Ray, General Manager of FIME Group, adds: "With laboratories across Europe, Middle East and Africa, Asia and America, FIME has developed a vast knowledge and skills-base globally and recognizes the value of sharing expertise at this high level. Having local proximity to our customers, however, is key to truly understanding and engaging in local challenges and regional variations. We are dedicated to not only expanding our local footprint, but ensuring these operations offer the testing and certification services local stakeholders need." 

"This is an exciting time for the payments industry in the U.S. as we transition to a chip-based infrastructure, which can support advance payment methods and offer consumers the choice to make contactless mobile payments. FIME is already working with many of its customers to bring these innovative solutions to market." 

FIME America partners with a number of leading schemes and industry bodies to provide certifications and enhance the secure chip ecosystem. FIME's Montreal laboratory now offers American Express,We provide payment solutions in the USA as well as parkingmanagement. Isis, MasterCard Mobile certifications as well as card and terminal testing for Discover Zip, Interac Dual Interface, STAR Certiflash and MasterCard PayPass?. FIME also contributes to the EMV Migration Forum initiative to share its secure chip knowledge and support the U.S. in streamlining its certification processes.