MyPINPad has spent the last six years refining its platform for PIN on Mobile, which is when a personal identification number is inputted into an off-the-shelf device such as a tablet or smartphone. The platform determines that the device is secure by way of “handshakes” for every transaction to verify hundreds of details between the card reader and the device. Approval from the PCI Council for MyPINPad’s software-based PIN on Mobile platform is expected by midyear. As a result, telcos, merchant acquirers, payment service providers, and mobile payment device manufacturers are sending ...