PCI PIN is a new opportunity within the payment ecosystem

In a world where financial transactions are increasingly digital, ensuring PIN security is crucial to protect businesses against fraud. 

The growing demand for fast and seamless payment experiences accelerates the adoption of modern POS systems, expanding their market size and transforming the retail landscape. Advanced features such as NFC, mobile integration and cloud solutions improve transaction efficiency and security, adapting to changing consumer preferences.

In addition, government efforts to encourage cashless transactions increase the adoption of digital payment solutions, which improves the efficiency and attractiveness of POS terminals, accelerating market growth and transforming the payment ecosystem.

Under this context, PCI PIN certification ensures that PINs are handled with the highest possible security.

Service providers subject to this regulation include those that perform activities such as acquiring, processing, storing or transmitting PIN-based payment transactions; as well as those that provide encryption management services associated with PIN-based payments, such as Key Injection Facilities (KIFs) and Certification and Registration Authorities (CAs and RAs).

In fact, other entities may be included within the scope of PCI PIN if indicated by a participating payment brand.

I am a payment gateway: How could PCI PIN benefit my business?

When a service provider obtains PCI PIN certification this not only strengthens the security of its transactions, but also represents a unique opportunity for growth, as it allows it to exploit face-to-face payment and gain new customers. 

PCI PIN enables companies to expand their range of services within the payments ecosystem with us and open up new lines of business.

• Partner with software manufacturers and developers to offer your own POS terminals to your customers. This will allow you to overcome the barriers imposed by financial institutions, positioning yourself as an innovative and autonomous provider in the market.

• Adopt the latest payment technologies, such as NFC and cloud solutions. These innovations increase transaction efficiency and adapt to changing consumer preferences, allowing you to offer a faster and more secure payment service.

• Reduce the cost of rental and POS service to the end customer, gaining a significant competitive advantage. By offering a more accessible and cost-effective solution, you can stand out in a highly competitive market and attract more customers.

PCI PIN opens the door to new services

Performing a PCI PIN audit and obtaining a compliance report allows companies to dispense with the RedSys of banking institutions and begin to position themselves as a benchmark in their sectors.

Currently, the PCI Security Standards Council has certified only 80 companies worldwide as Qualified PIN Assessor (QPA) Companies, A2SECURE being one of them.

This certification not only reinforces this company’s commitment to secure payment transactions, but also solidifies it as a trusted cybersecurity provider within the payments ecosystem.

By auditing PCI PIN compliance with a trusted leader in cybersecurity and committed to excellence and continuous improvement, payment gateways are able to position themselves as leaders in their sectors and activate new business opportunities.

A2SECURE offers specialized audit services to support different entities such as banks, payment processors and service providers that handle PIN card transactions.

Would you like to increase the security of your transactions and stand out from your competitors? Contact us and find out how our audits can increase your competitiveness in the market.