News & Events

The future of payments – 2015 and beyond

Never has payments been such a hot topic. Coverage in the press has been across the board in Sunday newspapers, dailies and on websites which normally stick to celebrity gossip and politics. Apple Pay, changes in legislation, adoption of EMV in the US, mobile wallets, wearable payment technology and multiple new ways to pay, not just retailers but each other, have all hit the headlines along with multiple card fraud scandals.

We round up the key stories for you with predictions on how the payment industry will be impacted in 2015 and beyond. Read on for some (well researched) crystal ball gazing.

Flexible and adaptable: FlexiPole’s tailored approach to card payment machine mounting

Tailwind’s FlexiPole range has a unique approach to mounting payment terminals and PINPads. Unlike our competitors, our universal stands interface with a bespoke ‘back plate’ which is designed to fit each payment terminal or PINPad. This back plate, which we call a PEDPack, fits the payment machine perfectly leaving no gaps for criminals to access the back of the machine and offering a sleek silhouette at Point of Sale.

EMV, Apple Pay and the rise of biometrics

Amidst the furore surrounding the launch of Apple Pay in the USA, more news of data breaches in the US broke over the last few weeks as Staples joined the ranks of well-known retailers facing similar breaches including Home Depot, Sally Beauty, Dairy Queen, Supervalu, Michael’s and Target. The situation has now grabbed the attention of President Obama who signed an executive order on Friday 17th October to improve security for government credit and debit cards by ensuring they use Chip and PIN technology.

The advantages of professional POS cable management

Installing new terminals and PIN Pads is a substantial cost for any retailer and it’s not just the cost of the payment machines themselves: there’s also the time taken to reach a purchase decision, cost of installation, store downtime and staff training. Added to this is the need to meet current legislative requirements: your new EPOS system needs to meet PCI DSS regulations. And last but not least, you want your customers to have a payment experience which is as pleasant and ‘frictionless’ as possible.

Payment machine stands, PCI & P2PE

The new v3.0 PCI Data Security Standard is becoming a reality for merchants, with Merchant Services Providers sending letters detailing monthly fines to be imposed for non-compliance.

If a security breach occurs and a subsequent investigation shows that the merchant is not compliant (either by not completing the self-assessment questionnaire or by not following the requirements within the questionnaire on an ongoing basis), heavy fines will be levied.

Head Office: Tailwind Solutions Limited,
                     Castle Business Centre,
                     Queensferry Road,
                     Pitreavie Business Park,
                     Fife KY11 8NT 
tel: +44 (0)1383 661237

Tailwind Solutions Limited is registered in Scotland. Company Registration SC 306824.

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