Banking on truly secure data transfers
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O2 has partnered with Ingenico Group to enhance secure data transfers in banking, leveraging O2's expertise in delivering sensitive information safely. The European Central Bank highlights the significant costs associated with cash transactions, prompting a need for more secure solutions. O2 is recognized for its award-winning network, which uniquely meets the UK's CAS(T) security certification for mobile services.
Banking on truly secure data transfers
- 1. O2. Connecting the world with IoT #5 Banking on truly secure data transfers Ingenico Group is the global leader in seamless payments. Given O2’s record of delivering sensitive data securely, it made perfect sense to team up. The European Central Bank estimates that the total cost of cash-based transactions to the EU is 1% or more of GDP1 ... ...while the cost of supporting cash in the US is $200bn per year2 . Whether you’re a solution provider or end user, O2’s award-winning network keeps your data secure. For example, we’re the only mobile provider to achieve the UK government’s exacting CAS(T) security standard certification for both mobile voice and data services. Over 130,000 POS terminals connected by O2 Learn more about secure IoT from O2 Get in touch at O2Connect@O2.co.uk 1. Press Release-New ECB report examines the costs of making payments in the European Union. European Central Bank, October 1, 2012 2. “The Cost of Cash in the United States,” Bhaskar Chakravorti and Benjamin Mazzotta, The Fletcher School – Tufts University, 2013