Bob Russo on mobile payment security and PCI complianceDate: Aug 22, 2012
As more customers want to make payments from their mobile devices, businesses and merchants may be worried about the security of mobile payment platforms, and wondering if any mobile payment applications are PCI compliant.
In this video interview, Bob Russo, general manager of the Payment Card Industry Security Standards Council (PCI SSC), describes the special task force that is working on mobile payment security guidance. He points to the mobile payments best practices document published by Visa that can serve businesses in the short term.
Russo explains that the PCI SSC is concerned with ensuring the security of merchant applications for accepting credit card payments on any devices, including mobile devices, and may eventually provide a list of mobile payment solutions that have been tested for PCI compliance.