New Contactless Payments on Commercial off-the-shelf devices (CPoC) requirements

There it is at last! In December last year PCI SSC has published new program requirements: Contactless Payments on Commercial off-the-shelf devices, aka CPoC. Together with the earlier SPoC program, this step marks the beginning of a new acceptance trend, i.e. allowing standard mobile devices to become secure and trusted financial POS terminals. Current CPoC rules allow for transactions not verified by PIN and we are looking forward to the next, inevitable step: PIN-on-glass security guidelines. Our solution is currently undergoing CPoC certification with an external lab and we hope to be able to offer a PCI compliant solution to the market within the upcoming two quarters. We are also technically ready to process PIN.