PIN

 

Paying with your PIN card: swift, safe and simple.

 

PIN updated to new European standards


The Dutch payment product PIN already complies with new European payment system standards. With effect from 2010, all European bank card products have to comply with the SEPA Cards Framework (SCF), the regulatory framework of the European Payments Council (EPC), which is an alliance of the European banking industry.

Anyone with a European bank card will be able to make payments in any Euroland country just as safely and easily as they do at home. Through the EPC, the banks have agreed that they will not issue or accept any cards not complying with the new standards from 2010 onwards. Updating PIN to comply with the new rules means that the product can continue to be used in the Dutch market beyond 2010.
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Security certificate
With the object of ensuring that the PIN product functions efficiently, reliably and securely, Currence lays down standards governing the security and functionality of PIN POS terminals. POS terminals complying with the security standards are certified by Currence for a period of three years. At the end of this three-year period, terminals must be recertified according to the latest standards.
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More information
For more information on PIN, visit www.pin.nl.