#m-payments

In-store mobile payments grow by more than three times in 2015 | Paygle.com

December 10, 2015 There was a substantial jump in the number of people using a phone to make an in-store payment in 2015, growing more than three times from 5 percent to 18 percent, according to a new report from Deloitte. Not surprisingly, there is significant variation in the use of mobile payments by age group, with 31 percent of 18-to-24-year olds and 36 percent of 25-to-34-year olds using…

En un mundo en el que empezamos a comprar vía Smartphone y tablet, es importante que conozcamos las principales formas de pago que existen.

Este infographic (vía Mobile Payments Today ) nos revela las 5 métodos de pago actuales con sus ejemplos.

Brief: Visa has developed a set of best practices aiming to to support the growth of the emerging mobile Payment acceptance channel. These practices are targeted at two distinct audiences: vendors that develop & sell mobile payment acceptance applications and merchants that use them.

Visa best practices call for important security considerations such as encryption of  all public transmission & handling of account data (card reader level), event logging, tokenization of cardholder data etc.

The most interesting thing in these guidelines is that they:

Allocate more clearly merchant and service provider responsibilities in relation to securing cardholder data when a mobile phone/tablet is used as an acceptance device instead of a traditional terminal.

Provide a foundation of appropriate procedural controls and add-on technical security measures in order to maintain stakeholder trust in m-payments, since these devices have limited native security controls.