I Love Velvet is proud to announce that the German company SRC Security Research & Consulting GmbH (SRC), a PCI SSC approved PIN Transaction Security evaluation laboratory, has started the last stage of the PCI PTS security evaluation of its PIN pad product “U-Holster“.
I Love Velvet has finalised the security design of the PIN pad and has started the PCI PTS security evaluation with SRC. Now, this is a big step for the MPOS Company and SRC is confident that the PCI PTS security evaluation will soon be completed and positive.
PCI PIN Transaction Security refers to the framework within the PCI standards and requirements that deals with the evaluation and approval of payment security devices.
The Payment Card Industry (PCI) Security Standards Council (SSC) is an open global forum, launched in 2006, by the five founding global payment brands — American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc. — that is responsible for the development, management, education, and awareness of the PCI Security Standards, including the Data Security Standard (PCI DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security (PTS) requirements.