Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Gemalto's MacIC3 POS terminals meet MasterCard security specifications

Thursday, September 25, 2008

Digital security provider Gemalto’s line of MagIC3 POS terminals have achieved independent certification to comply with MasterCard’s Payment Terminal Security program. This security evaluation applies to the TCP/IP protocol suite, which incorporates the MagIC Open&Sec technology running on Linux and offers high-speed transactions, as well as connection and communication flexibility without compromising security.


Objective of the MasterCard International Payment Terminal Security program for IP-enabled POS devices is to ensure the necessary level of protection for transaction and cardholder data at merchants that use equipment that support the TCP/IP protocol suite. The security evaluation verifies that POS devices meet the relevant MasterCard requirements in terms of confidentiality, integrity and communicating parties’ authentication, with a three-year validity period.

Since the commercial launch in November 2006, the MagIC³ product range has been particularly well received in emerging markets. The MagIC³ full range certification confirms the orientation Gemalto has taken with the MCI PTS certification of X1000 GPRS, the previous range of payment terminals. [end] 

The UK’s YESpay International and YES-wallet.com have teamed up to build an NFC-enabled cloud-based mobile payments platform.

By integrating the YES-wallet Pouch digital wallet with YESpay EMBOSS payment service, the companies will provide a platform that encompasses e-Money, pre-paid and gift-card payments based on Visa PayWave and MasterCard PayPass contactless standards.

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The point-of-sale terminal has entered a period of dramatic change, according to the latest report release by the Mercator Advisory Group. And the next few years in the industry promise to be a period of even greater change and development than the last.

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Diners Club Spain has chosen Gemalto to help it migrate to EMV in 2012. In this effort, Gemalto is providing consulting and personalization services to Diners Club Spain.

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More than three-quarters POS terminals enabled

Adoption of EMV as the universal payment standard gained further traction in 2011, with official figures revealing that more than 42% of all payment cards and nearly 76% of all terminals in circulation globally are based on EMV technology. These numbers, however, do not reflect the U.S.

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As some may recall back in June 2010, the Metropolitan Transportation Authority (MTA) of New York launched tap-and-go contactless payments for commuters to enter select subway stations and participating bus lines using MasterCard PayPass-enabled terminals. Well, the results are in.

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In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

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