{"id":4683,"date":"2012-09-18T20:30:00","date_gmt":"2012-09-18T20:30:00","guid":{"rendered":"https:\/\/evssolutions.com\/mobile-payment-guidelines-implement-or-revise-mobile-fraud-solutions\/"},"modified":"2012-09-18T20:30:00","modified_gmt":"2012-09-18T20:30:00","slug":"mobile-payment-guidelines-implement-or-revise-mobile-fraud-solutions","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/mobile-payment-guidelines-implement-or-revise-mobile-fraud-solutions\/","title":{"rendered":"Mobile Payment Guidelines: Implement or Revise Mobile Fraud Solutions"},"content":{"rendered":"

Yesterday, the PCI
\nSecurity Standards Council<\/a> issued guidelines outlining secure measures for
\naccepting mobile payments. The ultimate goal of implementing these new
\nguidelines is to help companies achieve secure mobile applications so
\nbusinesses of all sizes can offer mobile payments. The downloadable
\ndocument<\/a>, outlines the three main risks when involving mobile payments by
\ngiving three clear objectives:<\/p>\n

    \n
  1. Prevent account data from being intercepted when entered
    \ninto a mobile device<\/li>\n
  2. Prevent account data from compromise while processed or
    \nstored within the mobile device<\/li>\n
  3. Prevent account
    \ndata from interception upon transmissions out of the mobile device<\/li>\n<\/ol>\n

    As Troy Leach, CTO of the PCI Council, stated, We know
    \npeople are excited about this new technology[but] mobile payment is still in
    \nits infancy and needs to be approached with a certain amount of caution. This
    \nis perhaps the biggest caution that companies should be taking from these new
    \nguidelines. As     mobile
    \npayments<\/a> become more mainstream more guidelines are sure to come meaning
    \nbusinesses who were earlier adapters may find themselves revising their business
    \nmodels. Companies who already offer mobile payments solutions need to adjust
    \ntheir current     mobile
    \nfraud prevention solutions<\/a> to ensure they do not get far behind with best
    \npractices. Businesses who have not implemented mobile payments but see it as a
    \nfuture endeavor, should consult     online fraud solution<\/a>
    \ncompanies as a resource to make the transition compliant.<\/p>\n

    Small businesses have the largest battle to fight. As mobile
    \npayments are often the most convenient way for small companies to operate, they
    \nalso take on a huge amount of risk both financially and for reputations sake. Real-time
    \nsecurity providers can accommodate for companies in any industry of any size.
    \nAs the world becomes more hypnotized and dependent on the mobile revolution,
    \nmobile security will become second nature. Mobile security education is at the
    \nmost crucial stage of its existence. With the launch of the     iPhone5<\/a>
    \nmore and more companies will be finding innovative ways to reach and serve
    \ntheir consumers via mobile. As companies move in this direction, or revise
    \ntheir current solution, they need to be aware of the importance of mobile
    \nsecurity and the resources available to make their business successful.<\/p>\n<\/p>\n

    [Contributed by EVS marketing]<\/p>\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Yesterday, the PCI Security Standards Council issued guidelines outlining secure measures for accepting mobile payments. The ultimate goal of implementing these new guidelines is to help companies achieve secure mobile applications so businesses of all sizes can offer mobile payments.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,33],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4683"}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4683"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4683\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}