EMV Level 3 testing and certifications 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 initially prevented fraudulent “card-present” transactions because the chip card, which encrypts the data and generates a unique transaction code for each purchase, was considered extremely difficult to duplicate. However, in 2018, crooks in Brazil were the first to figure out how to create valid EMV duplicates. See 3-D Secure.
EMVCo is jointly owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa. It manages, maintains and enhances the EMV Specifications to ensure global interoperability of chip cards with acceptance devices such as point of sale terminals and ATMs. All our EMV Kernels are EMVCo compliant and we are proud to have achieved a 100% first time pass rate.
We know, it is crucial to get it done under tight time in the market limitations. Our team which more than 18 years of experience did a lot of EMV certification and has been giving consultancy all over the world. EMV payment training and consultancy services: EMV Roadmaps, new standards, and easier EMV configuration are just the beginning. Find even more info at EMV payment company.