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Mobile payment methods have revolutionized how different sectors such as banking, commerce, and retail can do business and how consumers can efficiently perform transactions, purchases, and payments. But with new payment methods comes new challenges and possibilities for cybercriminals to access sensitive customer information.
So how can you make sure you keep your customers’ card data safe from attacks?
As an app provider, keeping data safe is always a crucial matter. If your app accepts, processes, stores, or transmits payment card information, you will need to meet specific accepted industry standards for handling and protecting payment card information to become PCI compliant.
The guidelines and PCI compliance
The purpose of the PCI Mobile Payment Acceptance Security Guidelines for Developers is to “educate stakeholders responsible for the architecture, design, and development of mobile applications and their associated environment within a mobile device that merchants might use for payment acceptance.” Following these guidelines will help you on your way to becoming PCI compliant.
For an app to be PCI compliant, it needs to meet an accepted industry standard for handling and protecting users’ payment card information. Meeting these standards can be achieved by following some objectives and guidelines for the security of payment transactions and the risk and controls in the supportive environment found in the PCI Mobile Payment Acceptance Security Guidelines for Developers.
How application shielding can help
At Promon, we provide cutting-edge security solutions that can help mobile app providers on the way to becoming PCI compliant. Our Application Shielding solution, Promon SHIELD™, enables a safer environment for handling and processing payment card information on mobile apps. Implementing our solution can help you meet a number of the guidelines found in section 4 in the PCI Mobile Payment Acceptance Security Guidelines for Developers.
Promon SHIELD™ lets you safeguard mobile apps against threats like malware, tampering, reverse engineering, and app data loss to help app providers meet several guidelines found in section 4 of the PCI Mobile Payment Acceptance Security Guidelines for Developers.
