Ingenico Group has developed a payment product for micro merchants based on a technology generally called PIN on Glass (PoG) or PIN on Mobile (PoM), according to a press release.

The product will enable consumers to insert their cards in a compact smartcard reader and manually enter their PIN on the personal mobile device of the merchant. This concept was developed with Ingenico's technological partner, MYPINPAD, a company that specializes in payments software authentication products and headquartered in the U.K.

The product is comprised of:

• A secure card reader (SCR) to read EMV and contactless bank cards.
• A mobile PIN entry application (MPEA) to enter the PIN on the merchant's device.
• A back-end Trust Service to analyze and verify that the execution environment of the merchant's device is secure before manual PIN entry.

Ingenico said it has successfully integrated PIN on Glass into the overall payment process and existing infrastructure. Its product has been approved by the main card schemes such as MasterCard. Ingenico has also received waivers to conduct field tests in several countries, which are about to be launched.