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What is a PIN pad?

per - son - al iden - ti - fi - ca - tion num - ber pad
noun

A PIN pad is a payment device that plays a critical role in facilitating secure and efficient financial transactions. These devices come in different form factors, including but not limited to countertop, portable, mobile POS (mPOS), unattended payment devices. PIN pads are designed to verify card information, allow users to input theirl Personal Identification Number (PIN), facilitate transaction authorization with card issuers, generates transaction receipts and many more. Payment devices play an integral part in conducting commerce in today's interconnected world.

How does a PIN pad work?

When making a purchase in store, payment devices are used to verify the authenticity of payment cards and communicate with the card issuer's network to authorize transactions. In applicable markets, the cardholder will be prompted to enter their PIN on the keypad to verify their identity to authorize the purchase. PIN pads enable secure, convenient and efficient transactions, and their features continue to evolve to meet the changing demands of consumers and businesses while maintaining the highest standards of security.