The demonstration, which also features technologies from Amadis and Quanta Computer, offers an expedient path for design engineers to develop a secure PIN-on-glass payment system with a pre-certified EMV acceptance stack.
PIN-on-glass technology is anticipated to change consumer mobile devices into full-featured point-of-sale (POS) systems capable of securely accepting payment card PINs on a touchscreen. The technology stands to revolutionize retail payments for merchants and financial institutions as it is expected to lower the cost of card acceptance, improve transactional security and increase card-acceptance rates.
EMV is a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines developed by EMVCo, which facilitates worldwide interoperability and acceptance of secure payment transactions. The process for developing, certifying and maintaining an EMV acceptance stack has become increasingly complex over the years because specifications can change as frequently as every six months. The demonstration at Maxim’s TRUSTECH booth combines Amadis software, Quanta Computer hardware and Maxim’s secure microprocessor for an all-in-one Secure Card Reader for PIN (SCRP) solution that accelerates time to market for developers.