Archive for the ‘Chip and PIN’ Category

EMV in the Cloud – a viable alternative?

October 31, 2012 at 5:00 pm

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 […]

EMV Level 2 Certification Process

April 3, 2012 at 10:55 am

Any card payment solution that accepts EMV cards (commonly referred to as Chip and PIN) must contain an EMV Level 2 Kernel that has undergone formal EMVCo type approval testing. There are several steps which need to be considered: 1. Select an EMV Level 2 Kernel The first step on this path is to select […]

Global EMV Adoption Continues to Grow

January 30, 2012 at 12:50 pm

The adoption of the EMV technology worldwide continues to grow with 42 percent of all payment cards and almost 76 percent of all terminals in use globally now based on the EMV payment standard. The EMVCo published EMV deployment figures for Q3 2011 represent the latest statistics from American Express, JCB, MasterCard and Visa, as […]

Migrating to EMV – Components Needed to Make Up an EMV Terminal

December 14, 2011 at 3:26 pm

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

December 2, 2011 at 12:52 pm

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 […]

Commonwealth Bank EMV upgrade of entire ATM estate to support chip-card standard

November 22, 2011 at 4:31 pm

Commonwealth Bank, who operate Australia’s largest ATM network, have announced this week (see press release) that they will be the first Australian bank to upgrade their entire ATM estate of over 4000 machines to support the EMV chip-card standards. Although the roll-out of EMV in Australia has already seen the upgrading of Point-of-Sale devices and […]

EMV fallback scenarios to magnetic stripe

November 17, 2011 at 11:22 pm

In markets that don’t yet support EMV (such as the USA), there is no option but to process all payment cards using the magnetic stripe, even if the card is actually a chip card. Similarly, a U.S. card used in countries which have migrated to chip card technology still can be processed.  In EMV markets […]

U.S. EMV Migration: Cardholder verification for American EMV terminals

November 10, 2011 at 4:23 pm

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

November 1, 2011 at 12:03 am

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

September 6, 2011 at 12:00 pm

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 […]