Mentioned Companies:

Mastercard Enhances Contactless Card Payments

Enhanced Contactless (Ecos) is the name Mastercard has given to new specifications that POS terminal and other device manufacturers and card manufacturers will build into their products to facilitate contactless payments. Security in the Ecos standard involves utilization of two new algorithms. Elliptic curve cryptography (ECC) public-key cryptography will be deployed to replace the RSA public/private key cryptography currently used. ECC uses a smaller key size than RSA, making it better suited for the desired less than 400 millisecond approval/decline timeframe for contactless card payment...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


January 2021
Headlines in this Issue
Charts in this Issue

Outstandings on General Purpose Credit Cards in the U.S.

Market Shares of Outstandings on U.S. Credit Cards—2000 through 2020

Investments in Merchant Acquiring and Processing by Region—2020

Investments by Region—Number of Transactions in 2020

Income at Top U.S. Credit Card Issuers—2020 vs. 2019

American Express Cards 2020 vs. 2019

Discover Card 2020 vs. 2019

Investments and Acquisitions—December 2020