Credit Card Group Issues Guidance For Mobile Payment Apps

Law360, New York (September 19, 2012, 3:24 PM EDT) -- An industry task force led by five leading credit card companies has released a set of best practice guidelines providing direction for mobile app developers and device manufacturers on ensuring the security of increasingly popular mobile device payments.

The Payment Card Industry Security Standards Council’s guidelines focus on methods of preventing the compromise of personal information when it is entered into, stored on and transmitted from mobile devices, in an attempt to increase the security of mobile transaction methods that are becoming increasingly prevalent in the...
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