#None #Bangkok #Payment Security #SUNMI #PCI SSC

SUNMI's Strategic Move: Enhancing Global Payment Security Standards

In a momentous development announced at the PCI SSC Community Meeting in Bangkok, SUNMI has officially transitioned to the status of a Principal Participating Organization (PPO) within the PCI Security Standards Council (PCI SSC). This significant designation not only highlights SUNMI's commitment to implementing stringent payment security measures but also its eagerness to actively contribute to the formation of those very standards. As a leading global provider of smart commercial devices, SUNMI aims to leverage its extensive expertise in smart terminal technology to shape a safer future for payment transactions.

A Shift from Implementation to Contribution

For many years, SUNMI has prioritized payment security as a core competency, adhering to standards such as PCI DSS across its deployed smart terminals in over 200 countries. With tens of millions of devices in operation, SUNMI has pioneered advancements like the optimized encryption of Android data, remote patch management systems, and simplified one-click compliance tools tailored for small merchants. Moving from mere compliance to active participation in standards development marks a pivotal turning point for the company.

As a Principal Participating Organization, SUNMI is set to collaborate with other industry giants such as Amazon, Apple, and Qualcomm in defining future standards. The aim is to contribute their hands-on experience regarding smart terminals, including Android security optimizations, IoT device authentication, and multi-scenario payment adaptations. This collaboration ensures that emerging standards are not only practical but also responsive to diverse needs across the entire payment value chain.

Key Areas of Focus in Standardization

SUNMI will concentrate its efforts on three primary areas:
1. Terminal Knowledge Sharing: By providing practical insights on Android optimization, device management, and scenario-specific adaptations, SUNMI hopes to enhance industry knowledge.
2. Innovation Support in Security: The company is committed to helping develop frameworks that can adapt to emerging technologies, including IoT and AI, thereby keeping security protocols ahead of potential threats.
3. Ecosystem Security Enhancement: SUNMI will advocate for standards that protect the entire payment value chain, ensuring security from the terminals to cloud services.

A Collective Mission for a Safer Future

'Being a PPO is not merely a title; it’s a mission,' said Sam Su, SUNMI's Chairperson and CMO. 'We will integrate the practical insights derived from millions of devices worldwide into the very DNA of future security standards, thus contributing to a more resilient and trustworthy digital commerce environment for everyone.'

During the Bangkok event, SUNMI's team engaged with Gina Gobeyn, the Executive Director of PCI SSC, and Yew Kuann Cheng, Vice President for Asia-Pacific. Gobeyn remarked on SUNMI’s invaluable expertise in terminal technology, expressing optimism that their on-ground perspective will help keep the standards relevant for both merchants and consumers.

As a Principal Participating Organization, SUNMI will take an active role in key PCI SSC working groups focused on terminal and IoT security, bridging the gap between standardization bodies and end-users. This strategic involvement not only reflects SUNMI's evolutionary journey in the payment technology sector but also underscores the company's unwavering commitment to safeguarding financial transactions globally.

About PCI SSC

The PCI Security Standards Council is an international forum dedicated to developing, maintaining, and promoting security standards aimed at protecting payment data across the globe.

In concluding this groundbreaking partnership, SUNMI reaffirms its dedication to ensuring a safer future for commercial transactions, emphasizing that the security of payment systems is paramount in today’s digital economy.