PCI Council De-Lists Mobile Payment Applications While it Formulates Standards

In March, the PCI Security Standards Council de-listed several mobile payment applications that had previously been approved as PCI compliant. The move comes as the PCI Council works to develop security standards for mobile payment applications, which could take several months and leave subscription sites that want to accept mobile payments exposed to compliance risks. VeriFone is one of the mobile payment apps recently de-listed, according to a report by StorefrontBacktalk. It’s unclear how many other…

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