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Liikanen makes smart move for e-commerce

Enterprise and Information Society Commissioner Erkki Liikanen will be present at the launch of new specifications for secure smart cards readers, an initiative to achieve security of transactions to reinforce consumers' confidence and support e-commerce, as highlighted in the...

Enterprise and Information Society Commissioner Erkki Liikanen will be present at the launch of new specifications for secure smart cards readers, an initiative to achieve security of transactions to reinforce consumers' confidence and support e-commerce, as highlighted in the eEurope action plan. The specifications are the result of the work of the FINREAD consortium, comprising of innovative European payment schemes and smart card reader manufacturers. The specifications for a secure smart card reader will be used primarily for e-commerce payments and home banking applications, but the solution also has the potential to be extended to other sectors, such as health services or eGovernment.