Posts Tagged ‘EMV Kernel’
Migrating to EMV – Components Needed to Make Up an EMV Terminal
For those looking to develop/migrate to EMV solutions, here’s an overview of the components that make up an EMV terminal. Feel free to leave a comment if you have any questions. EMV System Components A typical “EMV terminal” (which can be any EMV-capable device, including self-service kiosks, ATMs and retail PoS [points-of-sale]) consists of a…
EMVCo Releases EMV 4.3 Specifications
EMVCo have just released version 4.3 of the EMV specifications (EMV 4.3), which incorporates all the changes to the specifications that have been introduced by EMVCo Specification Update Bulletins since the previous version of the EMV Specifications (version 4.2b) that was published in June 2008. At the same time, an updated version of the “EMVCo…
U.S. EMV Migration: Cardholder verification for American EMV terminals
We’ve blogged previously (see EMV Cardholder Verification Methods) about the different types of cardholder verification that are supported by the EMV specifications for credit/debit card transactions using smart cards. Prior to EMV migration in the United Kingdom, most transactions were verified by checking the cardholder’s signature, but the introduction of EMV allowed the chip on…
EMV contact and contactless chip technology – America set for EMV liability shift
Many people in the payments industry were heartened by Visa’s announcement in August that they planned to accelerate EMV contact and contactless chip technology migration in the United States. EMV migration involves the replacement of magnetic-stripe credit/debit payment cards with EMV chip cards (referred to as “smart” cards) and also requires all Point-of-Sale card-acceptance devices…
UK’s largest bus operator to offer contactless payments
FirstGroup, the UK’s largest bus and rail operator, announced to invest £27m to fit contactless card readers to its 5,000 strong bus fleet in England, outside London by 2012. The company intends to be the first bus operator outside London to offer customers contactless payments and will affect 2.5 million daily customers. The new ticket…