January 23, 2024 - NEXGO has officially been awarded the world’s first Mobile Payment on COTS (MPoC) Software product certification by the Payment Card Industry (PCI). This certification signifies that NEXGO has received high recognition from an international authority, affirming that NEXGO TAP provides top-tier data security solutions and is qualified for promotion within the global payments industry.

The PCI MPoC certification is regarded as one of the most authoritative and stringent security certifications globally. Established in 2022 by major international card organizations — Visa, MasterCard, American Express, Discover, and JCB — the PCI Security Standards Council (PCI SSC) is responsible for formulating and implementing these security standards. As part of the PCI Data Security Standards, the MPoC standard ensures the secure processing and storage of sensitive payment card information on mobile devices. It encompasses a comprehensive set of security standards, including the MPoC front-end SDK, software, monitoring software, and backend services. Since its release, it has garnered widespread support and promotion from global card organizations and financial institutions.

The newly certified NEXGO TAP has undergone rigorous security assessments by PCI MPoC laboratories and has successfully passed the PCI SSC certification. NEXGO TAP is now featured on the PCI SCC website as an authoritative source of MPoC software within the industry. To comply with PCI MPoC requirements, mobile payment applications must implement a series of security measures, including encryption to protect payment card data, enforcing strong password policies, restricting application access, and utilizing secure authentication methods. Additionally, MPoC mandates that developers and providers of mobile payment applications conduct regular security assessments and tests to ensure compliance with PCI security standards.

NEXGO is committed to technological innovation and has strictly adhered to the PCI MPoC standards and specifications. The company was the first to complete research and development on MPoC standards and solutions, successfully passing rigorous security evaluations and tests, culminating in the PCI certification awarded on January 23, 2024. NEXGO's MPoC software products, such as the NEXGO SoftPOS Solution, meet the PCI MPoC security standard requirements across various dimensions, effectively managing and controlling network security risks.

Looking ahead, XGD Group will remain steadfast in its mission, leveraging its technological advantages to actively participate in the development of security standards and platform data security. The company is dedicated to enhancing its technological innovation capabilities, aiming to create a trustworthy digital payment security ecosystem that provides high-quality products and services, thereby contributing to a safer and more reliable global payment environment.