Amidst growing concern about mobile payments security ahead of the 2013 holiday retail rush, many consumers and merchants are taking time to research the steps and solutions that will keep them safe this holiday season from the perpetual threat of fraud or identity theft.
In particular, the new security features added to iOS 7 and the fingerprint recognition technology now available on the iPhone 5s have given the mobile masses renewed hope for an accelerated degree of security in the mobile realm.
But the hardware makers aren't alone in this effort. Some of the top solutions providers across the mobile landscape are similarly stepping up their game to keep consumers and merchants confident and comfortable.
To that end, mobile payment solutions provider PayAnywhere says it has "taken steps" to make its platform the most secure mobile payments offering on the market.
"PayAnywhere merchants can select a PIN entry option that allows them to choose their preferred level of security or disable the security options all together," the company says. "For those familiar with the password lock option on Apple devices, PayAnywhere offers a similar PIN timeout capability that allows merchants to set the amount of time needed for their devices to remain inactive before their PIN must be re-entered."
The PIN lock system helps merchants feel safe, secure and in control when conducting transactions from their iPad, iPhone, iPod touch, Android or BlackBerry devices. The PayAnywhere App, with its end-to-end encryption, provides the security assurance merchants want so they can stay focused on their business.
Similarly, the company adds, for merchants looking to stay on top of their recent transaction reports, PayAnywhere has introduced an even more detailed reporting feature.
"Merchants using the PayAnywhere app can head to the Reports tab and tap on the orange arrow located on the screen," a recent blog post from PayAnywhere reads. "From there, a summary of all transactions from a specific day, week, month or year will drop down for the merchant's viewing pleasure. Having the ability to view detailed summary listings for a time period of the merchant's choosing helps them stay organized and prevent any mistakes."