EMV deployment gathers pace with Discover
It has been announced that the next significant step in Discover’s global EMV deployment will involve a comprehensive strategy and roadmap including Discover Network, Diners Club International, PULSE and Discover Card. Dicover’s Fraud Liability Policy is to fit in with U.S. EMV migration schedules and will be effective from October 1, 2015 at point-of-sale terminals…
EMV in the Cloud – a viable alternative?
The US EMV Migration is a highly debated topic in the payments industry right now, but could EMV in the cloud really become a viable solution? Jeremy Gumbley, Chief Technology Officer at leading EMV software provider CreditCall, certainly thinks so and is due to give a presentation on this hot topic at Cartes in Paris…
EMVCo reveals continuous growth in global EMV deployment
The latest figures released by EMVCo, the EMV® standards body, show that 45 per cent of all payment cards and 76 per cent of all payment terminals used globally are based on EMV technology. The data from EMVCo represents the latest statistics from American Express, JCB, MasterCard and Visa, as reported by their respective global…
American Express announced roadmap for U.S. EMV adoption
American Express announced it would be joining MasterCard, VISA and Discover in adopting EMV chip technology for contact, contactless and mobile payments in the U.S. AmEx, the last holdout of the four big card issuers, revealed its three-step migration roadmap for abandoning mag-stripe for more advanced EMV technology for all merchants, processors and issuers of…
Mobile EMV Kernel – Using a mobile phone as a payment terminal
Traditionally, GPRS-based mobile payment terminals which are used to accept debit or credit card payments (including both magnetic-stripe cards and EMV “Chip and PIN” cards) in the field, have been expensive, and bulky, which has hampered their acceptability to small merchants or those that operate mobile businesses. Mobile Credit Card Readers Now though, by taking…