The SoftPOS solution uses the NFC interface of the mobile phone to accept the payment. EMV service can be instantly activated on the mobile phone without the burdens of hardware-based solutions
EMV Kernel-on-the-Cloud moves all payment processing intelligence from terminal to Cloud. The solution is designed to allow update of EMV kernel and EMV parameters instantly without downloading to terminals. Any device may easily convert to a payment-acceptance device with EMV Kernel-on-the-Cloud
EMV Kernel-on-the-Cloud offers smoother and faster deployment of payment terminals for POS vendors, merchants, integrators, processors, and acquirers. No release process is required for EMV Kernel and parameter updates in the terminals in the field. It reduces the time and cost to deploy and maintain terminals in the field.
EMV Kernel-on-the-Cloud drastically reduces the cost of ownership for a payment device by lowering the cost of hardware memory and secure processor needs.
PCI DSS (The Payment Card Industry Data Security Standard) is a unified global standard established by five international payment card brands (VISA, Mastercard, JCB, AMEX, and Discover) for the payment card industry to protect cardholders data security. To protect cardholders’ data security, PCI Council formulated data security standards for security management, policies, procedures and methods, network configuration, and software design.