Ingenico, a Worldline brand, strengthens its leadership position in the mobile POS market with the certification of its PIN-on-Mobile solution, complementing the Moby product line. Ingenico is part of Worldline since October, 2020.
The December 31st deadline for the implementation of Strong Customer Authentication (SCA) is approaching fast. The European Banking Authority (EBA) has postponed the deadline by 15 months (initially 14th September 2019), but it won’t be postponed again.
Increasingly, as the consumer experience moves online, convenience is becoming the number one priority. Not only can consumers shop from the comfort of their homes, but they can have products delivered within days, and sometimes even on the same day.
Due to this, when consumers purchase in-store, they do not then want to be faced with the frustration of queueing, or a payment process that goes on far longer than is deemed necessary. Customers can be put off completing a transaction simply by having to fish out a card to type a series of numbers (pin code) into a payment terminal. The introduction of innovations such as Apple Pay and Samsung Pay have made this even more so, with customers’ devices memorising payment details for them, and acting as a contactless card.
As a result, in order to remain competitive and ensure conversions in this fast-paced modern world, retailers are tasked with providing a frictionless experience. But that’s not all. As digital payments systems have developed, so too have data regulations, adding another consideration to merchants’ plates – providing a seamless system without sacrificing security.
As we continue to spend more time at home, we can find more ways to be creative. We designed these at-home activity sheets with people of all ages in mind.
As online shopping and payment technology advances, merchants are becoming increasingly aware of the growing security risks posed to their customers and operations. No company wants to suffer the financial and reputational ruin that often comes with a data breach. But addressing the issue is complicated, so many companies find themselves stuck between a rock and a hard place.
It’s therefore crucial that merchants are up to date with the latest security regulations and are aware of common roadblocks they may face and how to overcome these. Here are some frequently asked questions to help you understand security.