SHENZHEN, China, Dec. 10, 2018 /PRNewswire/ -- Hong Kong-based security devices provider for pay TV broadcasting access SMiT has recently received PCI 5.x certification for its newly developed mobile payment terminal, mPOS-SM32. PCI 5.x m, the latest version of PCI, the world's most stringent and top-level security standard certification, provides a more comprehensive and stringent evaluation of content. The receiving of the certification marks the completion of a key step in SMiT's strategy to expand its terminal business into international markets.
"The PCI certification demonstrates our long-term commitment to customers," stated Zhu Yixiang, vice president and mPOS business president of SMiT. "SMiT plans to continuously enhance the security of its products and the quality of its services through ongoing investment in research and development in order to achieve a win-win situation with our customers."
With the continued gowth of the mobile web and mobile payment, the gradual integration of offline and online businesses has led to the reconstruction of shopping scenarios with higher requirements for payment terminals. Functionality and security are two key factors when users choose mobile payment terminals.
mPOS-SM32, an easy-to-use mobile payment terminal based on mobile devices, including smartphones, features heightened convenience when processing payments and offers a sleek and compact look. Connected to other devices via Bluetooth or USB, the terminal can read magnetic stripe, contact IC and 13.56 MHz contactless cards. In addition, the energy-efficient device comes equipped with a built-in rechargeable lithium battery with long standby time and an automatic shutdown function, allowing merchants to receive payments anytime and anywhere. With all these features, the product can address the needs of small and medium-sized merchants when receiving payments whether the format is a magnetic strip, a chip and is contactless.
SMiT has always been advancing mobile payment services based on its core mission of "security first" and its ongoing commitment to providing users with secure payment products and a secure use environment. mPOS-SM32 uses an independent and secure MCU and supports multiple encryption algorithms. The product also features a unique advanced protection mechanism in addition to anti-intrusion detection and a self-destruct input pin (SDI). Prior to the receiving of the PCI 5.x certification, mPOS-SM32 had passed the EMV, PBOC and QPBOC certifications.
SMiT is the leading global supplier of conditional access modules (CAMs) and the leading Chinese provider of mPOS systems, headquartered in Hong Kong and with offices in Shenzhen, China and Munich, Germany, serving 400 customers in 46 countries and regions worldwide.
SMiT can meet customers' needs for personalized products by providing a comprehensive range of customized services including scheme design, research and development of products, production of hardware and provision of resources. Leveraging the new opportunities being brought by mobile payment to merchants worldwide, SMiT plans to continuously provide convenient, secure payment terminals to users globally. With the PCI 5.x certification, mPOS-SM32 will soon become available for sale worldwide.