The Golem article reports that KOBIL Systems became the first company worldwide to offer a Class 3 chip-card terminal approved by Germany’s Central Credit Committee (ZKA). The KOBIL GeldKarte Internet Terminal was designed for secure online payments, HBCI home banking and digital signatures.
The article explains that the Kaan Professional terminal displays the verified payment recipient and amount before a transaction is approved. PIN entry takes place directly on the terminal rather than on the computer keyboard, helping protect users from malware and keylogging. The device could also be used for legally recognized digital signatures under Germany’s Signature Act.