Securing Electronic Payments in our mobile-driven world: trends, stakes, currencies and recommendations.

The trend is unstoppable and the growing excitements surrounding new payment systems, including mobile payments, person-to-person payments and e-wallets are encouraging.

Despite a set of threats related to privacy, security and misinformation, adoptions trends; the strengthening of systems, regulations, standards and technologies, can bring peace in minds.

Payments with a mobile device or with phone number lead the trend in our challenging environment where Secure Electronic Payments, means: extension of support for EMV tokenization and card encryption; address the security and integrity of sensitive financial data; appropriation of technologies such as cryptography, key management, hardware security models (HSMs) and interoperability. 

Connectikpeople.co, soon #Retinknow recalls that, industry standards also play an increasingly vital role in securing emerging electronic payment capabilities.

As new electronic payment and virtual currencies, will surpass paper currencies, security fundamentals remain required for maximum protection.