By Patric Caya, Manager of Partner Acquisition, Leaf
After 12 long years, Microsoft has pulled the plug on Windows XP, and it is huge news in the payment industry. When more than 30 percent of POS systems and 95 percent of ATM machines still run on Windows XP, the discovery of a new security flaw in the system will be disastrous for merchants and banks alike. And since new cyberattacks are reported almost monthly now, it is only a matter of time. It isn’t that Microsoft has forsaken the payments industry. In fact, their reallocation of efforts towards developing better software is in everyone’s best interest, as cyber criminals get increasingly craftier. Nevertheless, Microsoft’s decision and its effects are indicative of a real need within the payments industry: the move to better, safer technology. Luckily for all, innovation in payment tech is alive and well, but it can only go so far without adoption. This is where VARs come in.
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