EMV payment services? The Twist to EMV Certification. Any non-generic, custom-payment application, such as a point-of-sale system, is held to the same testing standards as a generic payment application for EMV certification. The testing falls on the developer of the payment application, but can significantly hold up businesses that need an EMV certified terminal. Wonder why so many businesses still swipe chip cards? It’s because companies are currently waiting up to one year for level 3 EMV certification. Palms sweating? Mind racing? Don’t stress. Even though EMV compliance is still a dream for most businesses, we have solutions available to you right now.
EMV cards are either inserted into the terminal slot, known as “card dipping,” or they can be contactless using near field communication (NFC) to transfer data by merely tapping the card on the terminal. Cards may also support both methods. See NFC.
Before an EMV capable solution can be deployed, there are many EMVCo mandated tests that need to be passed to validate that an EMV implementation conforms to the EMV standard. As the EMV specifications evolve and are regularly updated this can become a major job in itself – another reason why many businesses who require an EMV “Chip & PIN” or “Chip & Signature” solution opt to license a purpose built off the shelf EMV Software Kernel rather than develop their own in house.
Our experts have the EMV payment experience and knowledge to contribute specific EMV payment guidance for your role and your crucial priorities, delivered in high-touch, one-to-one consultative cooperations. You’ll take away the knowledge and the skills you need to implement them in your payment environment. We help you create an EMV payment roadmap to success for your mission-critical priorities with our payment industry-specific best practices. Discover additional details on EMV payment firm.