There isn’t much we can not do with our smartphones anymore, is there? Making mobile payments is no exception. There’s a coming wave of new apps and technologies that allow consumers to purchase everything through their phone, literally eliminating the need to carry an actual wallet (almost). FireHost senior security engineer Chris Hinkley wrote a guest article for SecurityWeek on the safety of mobile payments and PCI compliance implications.
You can check out the full article to learn more about why mobile payments are still vulnerable, how the PCI Security Standards Council is tackling the issue, and what the next year will bring for this popular consumer trend.
“There is vagueness around the safety of consumers’ credit card numbers when they are transmitted through mobile applications. A website that’s been modified for a mobile platform is presumably safer than an actual mobile application, making the latter considered not compliant according to the PCI DSS Council. If your business is working on a payment app to make transactions easier or more convenient for customers, you must consider this before deploying the app into the iPhone, Android, Blackberry or other marketplace.”
Check out the entire article on SecurityWeek.
This entry was posted on Wednesday, November 30th, 2011 at 12:33 pm and is filed under Compliance, Security. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Good read Chris. Keep up the good work!