Trustonic has announced that its trusted execution environment (TEE) solution has completed the EMVCo Software-Based Mobile Payments security evaluation process.
EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions. As such, this evaluation process confirms that the Trustonic TEE meets the requirements of software-based mobile payment (SBMP) and acceptance solutions.
The Trustonic Application Protection (TAP) development toolkit enables developers to build and deploy a range of secure financial applications including mobile payment, banking, and acceptance use cases like mobile point of sale (mPOS), ‘tap on phone’ and software-based PIN entry on COTS (SPoC).
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