A system that enables people to make online purchases with PIN debit cards meets the Payment Card Industry data security standard.
HomeATM ePayment Solutions said last week that its Safe-T-PIN card reader, which consumers can consumers can plug into a computer's USB port, is the first online PIN-entry device to receive PCI certification.
The reader can also be used to authorize person-to-person transfers.
"The Safe-T-PIN exponentially reduces the likelihood of a breach and provides the dual authentication solution that e-tailers and money remittance companies have been seeking in order to fill the current fraud/security void in secure transactions on the Web," Ken Mages, the Montreal company's chief executive, said in a press release.
