MYPINPAD receives SPoC certification in Australia

Thursday 15 July 2021 10:57 CET | News

MYPINPAD, a software-based payments solutions provider, has announced that it has received SPoC (Software-based PIN Entry on COTS) certification from Australian Payments Network.

The company has previously received CPoC (Contactless Payments on Commercial off-the-shelf) certification earlier in 2021.

The solution enables card payment acceptance by means of card insertion or tapping onto a card reader paired with merchants’ iOS or Android tablets and smartphones, with the option of using PIN entry when needed.

In April 202, the Australian government doubled the legal contactless limit to A$200 to help reduce social contact for consumers making purchases in person. By enabling mobile smart devices to be used for PIN entry on purchases over the contactless limit, MYPINPAD aims to increase the scope in which software-based solutions can be used throughout the retail industry and beyond.

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Keywords: contactless payments, merchants, mobile payments
Categories: Payments & Commerce | Mobile Payments
Countries: Australia
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Payments & Commerce

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