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Companies have just months to replace old wireless payments systems

Posted on January 7, 2010 by Dissent

Retailers and caterers have just six months to replace old systems if they are to continue to use wireless card payment technology. The industry payment security body might revoke the right to process cards for companies that do not upgrade their technology.

The Payment Card Industry (PCI)’s Data Security Standard (DSS) is the set of technical requirements which must be met by retailers who want to process cards.

It was changed in 2008 to ban the use of Wired Equivalent Privacy (WEP) technology in the transmission of card details from mobile card terminals to the main part of a system.

Read more on Out-Law.com

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