The E-Commerce Cyber Security Advantage
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Rick Chavie
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Tokenization is another layer that can add security to EMV. Expect that ApplePay will get a great promotional boost as it not only adds tokenization, but also fingerprint recognition and a cryptogram with the transaction.
Then again, if you're coming from the e-commerce world, it begs the question: Why do you need POS at all? I believe that the convergence of the digital and physical worlds will happen quicker than many believe and POS systems will be phased out in favor of mobile tablets or phones. In fact, I eventually see retailers simply relying on their customers own phones to initiate the notice of payment without handing over any of their personally identifiable information to in-store technologies.
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- Companies:
- Home Depot
- Staples
- Target
- Places:
- EMV
Rick Chavie
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