MasterCard MasterPass Expands Global Presence

MasterPass, now present in Singapore, eliminates the need for consumers to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites. Consumers can securely store MasterCard and other branded credit, debit and prepaid card information address books and more. This simplifies the process of completing a transaction from any connected device, particularly those with smaller screens. MasterCard is continuing to lead the transition to digital payments and deliver solutions that are better, safer and faster. Shoppers in Singapore will be the first in Southeast Asia to experience the offering which promises a simplified payment experience while protecting the user’s card and personal details. By selecting “Buy With MasterPass” as the checkout option, customers reduce the risk of exposing their personal information over potentially unsafe networks and can look forward to more privacy as their details are not shared directly with merchants.

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Paycorp Announces Latest Takeover

Paycorp payment services acquired 100% of the issued share capital of Saicom Group, the holding company of Kazang Prepaid and Saicom Payphones. Kazang provides prepaid voice, mobile data and electricity through proprietary mobile vending terminals that handle thousands of micro-payments every minute. Other services include DSTV subscription payments and RICA registration. Saicom Payphones, powered by Kazang, offers GSM-based community payphone services that run off the Vodacom network.The acquisition of Kazang is Paycorp’s first major transaction since private equity firm Actis acquired a majority stake in the group in November last year. This acquisition complements Paycorp’s existing suite of payment products and services and, with an established footprint across Africa, Kazang provides valuable new channels, expertise and insights to facilitate the business’s expansion further into the continent.Financial inclusion is a key strategic thrust fo for Paycorp which supplies a range of payment services to underserved rural and peri-urban areas.

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Swish mPOS PCI PTS 3.1 Certified

Swish Payments Chip-and-PIN mPOS card reader 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.

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Version 3.0 PCI Compliance Policies Available for Download at pcipolicyportal.com

Merchants and service providers can now instantly download version 3.0 PCI compliance policies and procedures containing hundreds of high-quality, professionally developed security templates for helping ensure rapid PCI compliance. The PCI DSS mandates are growing larger every day, expanding to more and more businesses, so now’s the time to obtain the very best security documentation found anywhere today.The version 3.0 PCI compliance policies and procedures from pcipolicyportal.com. It includes a comprehensive process for becoming compliant with the Payment Card Industry Data Security Standards (PCI DSS) that includes a step-by-step checklist for assessing one’s specific PCI requirements and overall needs. It also includes professionally developed information security and operational specific policies, procedures, forms, checklists, templates – and more – for ensuring rapid compliance with the PCI DSS standards. Additionally, section II contains dozens of critical provisioning and hardening documents for securing all in-scope system components.

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PaymentVision Webinar Advises on New Data Security Essentials

PaymentVision PCI-compliant electronic payment gateway services will host a free Data Security Essentials webinar designed to help managers of compliance, accounts receivables, and operations professionals learn about payment card and data security. The event will share information and tools to help business owners and compliance managers understand payment card and data security, the benefits of PCI DSS v3.0, managing the PCI DSS scope, and the new PCI DSS v3.0 requirements.

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Drive Thru Video POS

Revel Systems has launched its iPad POS system for drive-through. This expands Revel Systems’ product offering for fast food and enterprise-level clients, providing them with a fully integrated video chat experience with their fast tablet-based POS system. The Video Drive-Through POS operates with three iPad devices, including Revel’s QSR iPad POS terminal. This enables seamless drive-through functionality and allows guests an engaging and easy way to order their food.

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MasterCard, WebMoney and Credit Saison Launch Prepaid Card

MasterCard, WebMoney Corporation and Credit Saison launched the WebMoneyCard MasterCard-branded prepaid card. The WebMoneyCard can be used both online and at physical merchants that accept WebMoney or MasterCard payment cards. With the WebMoneyCard, cardholders can make payments at approximately 38.1 million MasterCard acceptance locations[1] in more than 210 countries worldwide. The card can be used for diverse everyday purchases, ranging from apps to payment at restaurants, cafes and convenience stores. WebMoneyCard, which is obtainable without credit evaluation, ensures that cardholders can shop with ease, knowing that their spending will always remain within pre-loaded amounts.

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Sipay Plus payment gateway gets PCI DSS 3.0 certification

Sipay Plus payment gateway has been approved for PCI DSS version 3.0 level 1. The new version 3.0 approved by PCI Security Standards Council, organization founded in 2004 by five major card brands, with the goal to ensure safety in card payments, includes important changes over the 2.0 version. Above all, with this evolution of the regulations it is intended to adapt it to the continuous market and technology changes related with payment industry, as well as to avoid some of the safety problems or deficiencies both in the standard itself as in the application, which have been identified in the past years. The incorporated requirements for the new 3.0 version mainly emphasize the proactive safety procedures, in particular the considerations, more restrictive, for the stored data regarding the card holders, the security in software development, the vulnerability evaluation with a higher demand in the penetration tests, the keys and passwords management, the review of the security records, as well as the extension of these requirements to the external providers.

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