There will be significant changes in payment technology by the end of 2023, when Finland joins the other Nordic countries in using Online PIN technology. This will have implications for payment terminals, merchants, and customers. Differences between Offline PIN and Online PIN technologies Offline PIN is a method of cardholder identification that takes place between a payment card and a payment terminal. The PIN entered […]
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Adding a Payment Terminal to the Action Game Machines Made ForFun Finland’s Operations more Efficient
Entrepreneur Niko Aitta and his business partner Kari Hirvimäki work with action game machines. Their company ForFun Finland supplies action game machines to events, restaurants, hotels, individuals and companies. Traditionally, action game machines are coin-operated, but as consumers’ payment habits evolve, so must the payment methods. The cooperation between ForFun Finland and Seitatech resulted in the integration of a payment terminal into the action game […]
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SEITATECH among the first in the world to pass the new PCI SSF security standard
The security standard is changing. The new SSF (Software Security Framework) is a security standard published by the Payment Card Industry (PCI) with the aim of better protecting card data. The SSF sets requirements for software development methods, processes, and payment applications related to card payments. It also introduces new obligations in terms of reporting and process monitoring. The new security standard serves different kind […]
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What is a mobile wallet?
A mobile wallet or e-wallet is a cloud-based application that can be used to make payments. In addition to money, the wallet can also store cryptocurrencies, address information, membership cards, travel tickets, and other important information that would normally be found in a physical wallet. The wallet can be used, for example, to transfer money to a friend, send payment requests, or split a restaurant […]
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SEO serves the whole Finland
SEO or Suomalainen Energiaosuuskunta is a Finnish oil company controlled by traders. The SEO network already covers more than 200 gas stations in Finland. Stations can be found all the way from Hanko to Nuorgam. Values such as domesticity, locality, and utilization of renewable energy are important factors in the operations of the service station network. Additionally, all of the stations are led by independent […]
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