The PCI Security Standards Council provides management of the Payment Card Industry Data Security Standard (PCIDSS) on a global basis. It has now assumed responsibility for the PED Security Requirements that were previously administered under the auspices of JCB, MasterCard International and Visa International.
The PED Security Requirements are designed to secure personal identification number (Pin)-based transactions globally, and apply to devices that accept Pin entry for all Pin-based transactions.
"Adding the PED Security Requirements reinforces and expands the council's commitment to securing the payment process globally," said Bob Russo, general manager at the PCI Security Standards Council.
"The addition of the PED Security Requirements will remove conflicting requirements, simplify the testing process and maintain consistent security measures to improve the overall security of payment transactions," Russo said.