MineSec provides a SoftPOS SDK that transforms mobile devices into secure payment acceptance tools, supporting all major EMV kernels and ensuring PCI compliance through real-time monitoring. This technology enables merchants to process contactless payments efficiently, reducing the need for traditional point-of-sale hardware.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional point-of-sale (POS) systems require dedicated hardware, which can be expensive, cumbersome, and limit mobility for merchants. This infrastructure can also be challenging to scale and maintain, especially for businesses with fluctuating transaction volumes or those operating in diverse environments.
Solution
MineSec provides a Software Point of Sale (SoftPOS) SDK that transforms Android mobile devices into secure payment acceptance tools, eliminating the need for traditional POS hardware. The SDK supports major EMV kernels, enabling merchants to accept contactless payments directly on their smartphones or tablets. MineSec's solution ensures PCI compliance through real-time monitoring and attestation, providing a secure and cost-effective alternative to conventional POS systems. The platform offers versatile implementation strategies, including SDK integration, standalone app deployment, and app-to-app calling, allowing businesses to tailor the solution to their specific needs.
Target Audience
The primary target audience includes merchants of all sizes seeking cost-effective and flexible payment acceptance solutions, as well as POS vendors and financial institutions looking to offer innovative mobile payment options.
Features
- SoftPOS SDK that supports all major EMV kernels (Visa, Mastercard, Amex, UnionPay, JCB, Discover, and Diners)
- Attestation & Monitoring Service for real-time instance monitoring and PCI compliance (CPoC & MPoC)
- Android Intent API for seamless integration with POS vendor applications
- RESTful Service API for merchant, device, and transaction management
- Isolated SDK to minimize certification efforts
- Crypto service for PIN translation and remote key injection
- Support for various payment message formats (ISO8583, JSON, and XML)
- Robust security features including runtime checking, code obfuscation, and package protection
- Flexible deployment options: managed cloud services or on-premise infrastructure