- Company:
- Nidec Instruments Corporation
- Representative:
- Toshiyuki Otsuka (Representative Director and President)
- Address:
- 5329 Shimosuwa-cho, Suwa-gun, Nagano, 393-8511, Japan
Nidec Instruments Corporation (“Nidec Instruments”), a wholly owned subsidiary of Nidec Corporation, today announced the launch of a card reader that meets the latest Ver. 6 of the PCI PTS POI (Payment Card Industry PIN Transaction Security Point Of Interaction) mandated by the PCI SSC (PCI Security Standards Council), the organization jointly established by five globally recognized credit card companies.
The global credit card payment market was US$521.8 billion in size as of 2022, and it is expected to continue to grow sustainably. On the other hand, however, the amount of damage caused by credit card misuse is increasing yearly, making safety measures a critical task for credit card companies. Nidec Instruments’ latest card reader, developed to read magnetic strip-attached credit cards and contact-type IC cards, is anticipated to be installed in POS systems at gas stations and kiosk terminals at airports, among many other locations.
Credit card readers installed outdoors are required to meet the PCI PTS, a security standard for credit cards and their security code readers, and the aforementioned product not only meets the latest Version 6 of the standard, but is equipped with a durable magnetic head and a contact-type IC chip interface as well.
As a member of the world’s leading comprehensive motor manufacturer, Nidec Instruments stays committed to offering revolutionary solutions that contribute to creating a comfortable society.
*1. PCI PTS: A security standard required of “venders” that develop mPOS payment terminals, and also a security requirement for PIN-entering payment terminals to meet.
