PCI Security Standards Council releases guidance on how mobile payment acceptance applications can meet PCI standards. The new document is designed to let merchants know whether the mobile payment applications they are using could meet today’s specifications. Payment Card Industry rules require that all hardware and software technologies used to accept, process, and transmit debit and credit card transactions meet a set of prescribed security controls. An independent PCI analyst noted that because the decision is incomplete, developers and merchants who use them have been left in a “very tenuous position””]

