Global mobile commerce solution provider, Swish Payments, which recently launched their Chip-and-PIN mobile point-of-sale (mPOS) card reader, today announced that they've successfully secured PCI PTS 3.1 certification, including SRED for this fully mobile payment device.
The Swish Chip-and-PIN card reader works in tandem with a merchant's Android or iOS smartphone or tablet to securely process chip and magstripe card transactions. It boasts a sleek capacitive keyboard for PIN entry, lightweight, ergonomic design and it's small enough to fit comfortably in the palm of your hand.
Swish has taken great care in developing a mobile payment infrastructure which not only allows for ease and speed of payment, but more importantly, protects transaction data throughout the entire payment process. In line with this philosophy, Swish is an accredited PCI DSS Level 1 service provider. They've also obtained EMV Level 1 and Level 2 certifications, and have now added the PCI PTS 3.1 certification to their list of achievements.
The PCI Security Standards Council developed the PCI PTS (PIN Transaction Security) standard to define the requirements for financial terminal security. PCI PTS outlines security mechanisms for every kind of attack; environmental modifications, physical tampering, software attacks, cryptanalytic attacks, and threats to security policies. PCI PTS strives to protect PIN codes within the terminal or on their path to the smart card and to protect sensitive cardholder data against threats.
"Securing the PCI PTS 3.1 certification further strengthens Swish Payments' position as a global payment solutions provider. Transaction security and fraud prevention will always remain a major priority within our organization. It's embedded in our DNA and forms part of our core function as a trusted mPOS solution partner," said Stephen Grech, Chief Executive Officer of Swish Payments.