MineSec obtains world's first approval from UnionPay International for MineHades SoftPOS SDK
MineSec announced today that it has obtained the world's first UnionPay International's (UPI) approval on SoftPOS with PIN for its MineHades software-based point-of-sale (SoftPOS) payment software development kit (SDK). The approval for MineSec’s full SDK is testament to MineSec’s readiness to meet all the security and compliance requirements in the newly published PCI MPoC standard.
With digitalization and payment technology fast evolving across the world, consumers expect a more convenient and secure payment experience than ever before. With the increasing number of consumers adopting contactless payments, SoftPOS connects merchants to consumers directly by turning any NFC-enabled Android smartphones or tablets into contactless POS terminals. It allows the merchant to accept payments easily via contactless cards, mobile wallets and other smart wearables without extra hardware. According to Juniper Research, the total number of merchants deploying SoftPOS solutions will surpass 34.5 million globally by 2027.
Payment service providers (PSP) who integrate MineSec’s white-label SoftPOS SDK can deploy their own SoftPOS application efficiently without additional UPI functional certification. Building off MineSec’s white-label SoftPOS SDK, PSPs can focus on developing unique features for different market needs flexibly, leverage the various payment kernels and security protection within the MineSec white-label SoftPOS SDK to enrich their bespoke SoftPOS solution.
"Our lab-tested and UPI-approved full SDK provides confidence to our customers who wish to focus on developing differentiating features of their own bespoke SoftPOS solution." Angus Chiu, CEO of MineSec
“Our lab-tested and UPI-approved full SDK provides confidence to our customers who wish to focus on developing differentiating features of their own bespoke SoftPOS solution,” said Angus Chiu, Chief Executive Officer of MineSec. “The UPI approval demonstrates our SDK’s readiness to meet UPI SoftPOS solution requirements. Merchants and consumers can enjoy the convenience of SoftPOS payments with peace of mind that the transactions are completed securely.”
About UnionPay International (UPI)
In partnership with more than 2500 institutions worldwide, UnionPay International has enabled card acceptance in 181 countries and regions with issuance in 78 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world's largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.
