The PCI Council today released the new version of its PIN Transaction Security (PTS). This new version 3.0 streamlines requirements for manufacturers. There is a good overview in Dark Reading, so I won't repeat it all here.
As merchants, the big thing for you to know about this is that if you are replacing or upgrading your PIN devices, you need to go to the PCI Council website and look at the list of approved devices. Many of the requirements in v3.0 won't be effective for about a year, but that doesn't mean you should buy PIN pads or kiosks that accept PIN-based debit or anything that takes a PIN that isn't on this list.
Thursday, May 13, 2010
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