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How Secure are Mobile Payments?

What are the repercussions of integrating mobile payments into a merchant’s operations? In this article, we’ll review mobile wallet security concerns. 

Industry Mandated SHA/TLS Updates

TLS

More than likely, your merchants have received letters from their banks/processors notifying them of Security Updates, Shut-Off Dates, and Required Action Steps. These notifications are unique and independent of EMV standards. Failure to prepare won’t result in a shift in liability; it will result in a complete disruption of service…