While merchant enjoying greater customer experience and enhanced operational efficiency provided by mobile payment devices, they should not ignore the hidden danger of payment security inside the payment devices. EU(European Union) specially issued a new regulation to prevent payment safety peril and further protect customer right and interest.
If merchants did not pay enough attention to payment security, even innovative products will be detested by customers. Earlier, 7-Eleven launched a cashless smartphone payment app called 7 pay which was cracked by hackers on sooner through payment problems, resulting in customer payment information was stolen and the fund lost, badly reduce customers trust on it.
According to a report from ZDNet, an America technology website, there is a huge security flaw in 7pay’s password reset feature. The password reset link can be sent to any third party email address instead of originally registered email address. Lacking secondary verification, hackers can reset users password and steal users’ accounts by changing the email address to the one they control after they find those users’ email address, date of birth and phone number on the Internet.
Recently, the EU issued an updated regulation named Strong Customer Authentication, aiming to enhance the payment process security and reduce the potential fraud in the authentication. According to SCA regulation, consumers in Europe must authenticate online payments of above 30 Euros in at least two ways since September this year, including passwords, fingerprint, facial recognition, and phone number.
There is no doubt that merchants need to provide the corresponding payment terminal to help customers follow the SCA regulation. As a smart terminal solution partner, Telpo has already provided numerous payment terminal devices to global merchants in line with their national policies. Telpo has a right to speak in providing terminal devices.
According to the new EU regulation, Telpo smart POS TPS900 can assist merchants to meet a variety of payment verification methods. Equipping with biometric function, TPS900 supports multiple payment methods such as face payment, fingerprint payment, QR Code payment, and NFC, IC, magnetic stripe card payment.
Plus d'informations importantly, it obtains EMV, PCI, PayWave, PayPass, MIR financial certification and FCC, RoHS and so on certification, strengthening payment security. Strong expansibility as it has, it can external add tax control, fingerprint and digital keypad which perfectly accord with SCA regulation on consumer online payment.
Tag : European, SCA, payment device, mobile payment, security, fingerprint, facial recognition, Telpo, Smart Payment
Brève introduction : Telpo est un partenaire professionnel de paiement intelligent qui fournit principalement des TPE, des caisses enregistreuses, des dispositifs biométriques, des machines à reconnaissance faciale, des kiosques en libre-service et des valideurs de bus. Telpo a servi plus de 1000 clients à l'étranger, notamment des gouvernements, des banques, des opérateurs de télécommunications, des commissariats de police, des magasins de détail et des bureaux. Telpo adhère à la R&D et à l'innovation, dans le but de fournir du matériel plus intelligent à ses partenaires internationaux.
Produits apparentés : TPS508 TPS320 TPS530
