3 Reasons Why Your Payment App Needs EMVCo SBMP Certification

With mobile payment technologies advancing rapidly, so do the capabilities of attackers. To ensure robust security measures, the EMVCo SBMP certification stands as a beacon of trust and reliability. This certification, backed by industry giants like Mastercard, VISA, and American Express, offers a standardized security evaluation process tailored to safeguard against emerging threats. For a software-based mobile payment app vendor, obtaining EMVCo SBMP certification is not just a choice; it’s a necessity.

Here are three compelling reasons why your payment app needs to be EMVCo SBMP certified:

  • Gain Acceptance from Major Card Brands:

    Achieving EMVCo SBMP certification is a gateway to acceptance by leading payment card brands worldwide. This certification is a testament to your commitment to security and is recognized by industry giants like Mastercard, VISA, and American Express, Discover, and others.

    The SBMP program provides a standardized security evaluation process, methodology, and security requirements and is supported and recognized by all major payment brands and many more. By going through the evaluation process, your payment app earns the trust and support of major banks, merchants, processors, and stakeholders across the globe. Moreover, EMVCo is also working closely with other industry-standard bodies to provide even more secure frameworks, such as the FIDO alliance, GlobalPlatform, and the Payment Card Industry Security Standards Council (PCI SSC). This further validates the quality of the SBMP process.

     

  • Ensures a Secure Solution:

     

    The EMVCo SBMP evaluation process for Software-Based Payment solutions guarantees a rigorous assessment of your payment solution’s security posture. By obtaining EMVCo certification, you demonstrate adherence to industry-leading security standards and best practices. This certification enables card brands to conduct comprehensive risk assessments and grant final security approvals with confidence. Receiving the SBMP certificate for your payment app or SDK ensures that the solution has been evaluated against advanced real-life attacks. Leveraging EMVCo-certified Software Protection Tools ensures that your app remains resilient against evolving cyber threats, providing users with unparalleled security and peace of mind.

     

  • Benefit from Years of Mobile Security Expertise:

     

    EMVCo’s SBMP evaluation methodology is the culmination of years of experience and expertise in mobile security. Derived from real-life threats and attacks targeting mobile payment applications, the SBMP security requirements offer a layered approach to security architecture. By integrating multiple security mechanisms, such as encryption, tokenization, and authentication, your payment app becomes a fortress against malicious actors. Attackers are deterred by the robust security layers, making your app an unattractive target for exploitation. With EMVCo SBMP certification, you tap into a wealth of knowledge and insights that safeguard your payment app against the ever-evolving threat landscape.

In an era defined by digital transactions and mobile payments, security is non-negotiable. EMVCo SBMP certification equips your payment app with the highest standards of security, earning trust and acceptance from major card brands and users alike. By undergoing the SBMP evaluation process, you demonstrate a steadfast commitment to security excellence and position your payment app as a beacon of trust in the fintech landscape. Don’t compromise on security; get EMVCo SBMP certified today and fortify your payment app against emerging threats.

Since 2021, i-Sprint’s App Shielding technology has obtained EMVCo SBMP certification, following a successful evaluation for Software-Based Mobile Payment (SBMP). For mobile payment solution vendors, staying compliant with evolving regulations is crucial. This certification assures developers using our software that their apps are equipped with the utmost protection standards, offering peace of mind and confidence in their work.

Stay ahead of the curve. Interested in learning more?

TALK TO A SPECIALIST

1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder

How Digital Tokens Keep Your Money Safe

August 1st, 2024|

With online banking and digital transactions becoming the norm, securing your money is more critical than ever. SMS-based OTPs are insufficient against sophisticated cyber threats. Digital tokens, on the other hand, are game-changers in protecting your finances. Here’s why digital tokens are essential for your security...