Article: VISA, MASTERCARD COORDINATE POS PIN-PAD TESTING.(Visa U.S.A. Inc., MasterCard International Inc., point of sale)(Brief Article)

While Visa USA and MasterCard International plan to coordinate testing to validate the security of ATM PIN pads, they also are coordinating the testing of debit payment terminals to ensure no one can intercept PINs entered into the devices. But while Visa has set a July 2010 deadline for all POS PIN pads in the U.S. to have been tested and approved, MasterCard has yet to set its own compliance deadline. On a parallel track are impending deadlines, which neither card association has yet set, for POS PIN pads to transmit data to processors using the Triple Data Encryption Standard, which requires that the single DES PIN encryption used to send PIN data to issuers today be ...

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