Merchant Groups and PIN-Debit Networks Band Together for More Input Into Payment Security

“Security is the focus. We’re not talking about fees here,” he says, adding that the SPP will keep a close eye on new technologies that affect payment security, including cryptocurrencies and mobile payments. The group’s first goals are to inform stakeholders about security-related issues that affect them, he says. Besides merchants, those stakeholders include community banks and credit unions, smaller processors, and even consumers, he says.

Source: Digital Transactions June 7, 2018