Ingenico brings touch of glass to PIN payments
Ingenico has developed a payment solution that lets users insert their cards in a compact smartcard reader and manually enter their PIN on the personal mobile device of the merchant.
The technology is generally called PIN on Glass (PoG) or PIN on Mobile (PoM). Ingenico developed it with Mypinpad, a UK-based software authentication solutions provider.
Patrice Le Marre, EVP, banks and acquirers business unit, Ingenico, says it allow its clients to “build disruptive business models and extend card acceptance among micro-merchants”.
The solution is comprised of a secure card reader (SCR) to read EMV and contactless bank cards, and a mobile PIN entry application (MPEA) to enter the PIN on the merchant’s device. In addition, it has a back-end “trust service” to analyse and verify that the execution environment of the merchant’s device is secure before manual PIN entry.
Ingenico says its solution has been approved by Mastercard. Ingenico has received waivers to conduct field tests in several unnamed countries, which are about to be launched. No timelines were provided.
Also, Ingenico says it has anticipated the new security requirements published by the PCI Security Standards Council in January 2018, on which this solution is based. The Council will release the certification framework during 2018.
Access to Axium
In other recent developments, Ingenico has unveiled Axium, its open Android POS platform for digitalising in-store commerce; and deployed Google Pay Smart Tap.
Axium offers access to a cloud ecosystem for commerce, which builds on the open Android and Ingenico’s Telium Tetra operating systems.
The firm says with Axium, acquirers can “differentiate their offer to small merchants and capture new revenue streams from a larger payment acceptance portfolio – supporting new payment methods – and cross-channel services based on tokenisation”.
In terms of Google Pay Smart Tap, Ingenico states that shoppers can now transfer their loyalty information and coupons as they pay with their mobile phone.
It adds that all Ingenico terminals support NFC wallets, and by holding their phones to NFC POS terminals, consumers can transmit loyalty cards, gift cards and offers with Google Pay.