Industry association to engage multiple stakeholders, provide unified perspective and protect against future efforts to undermine integrity of transactions LONDON – Three payment industry participants – Hypercom (NYSE: HYC), Ingenico, S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY) today announce the formation of the Secure POS Vendor Alliance (SPVA: www.spva.org), a non-profit business organisation chartered with implementing common payment security standards among vendors of secure point-of-sale (POS) devices used by retailers, acquirers and cardholders alike. The SPVA will increase awareness of security issues, encourage adoption of best practices and ease consistency among standards that govern disparate components and participants in the payment environment.
- Published: 05 May 2009