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Contactless, Daily News, EMV, EMV chip card, EMV Level 1, EMVCo, EMVeriPOS, FIME, Fraud & Security, Issuing & Acquiring, Level 1 Contact Protocol Specifications, mobile point-of-sale, mPOS, POS Terminals -

FIME has completed its EMV Level 1 testing portfolio with the launch of EMVeriPOS. The new tool ensures that the communication between payment terminals and contact EMV chip cards is in line with EMVCo’s Level 1 Contact Protocol Specifications. This enables terminal and mobile point-of-sale (mPOS) vendors in any market around the world to increase efficiency [...]

The post New FIME tool qualified by EMVCo for Level 1 Testing appeared first on Payments Cards & Mobile.

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Contactless, Daily News, EMV, EMV chip card, Fraud & Security, Issuing & Acquiring, MasterCard, Risk & Compliance, US EMV, US EMV migration -

Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since the October 1, 2015 liability shift started to bring EMV-secured payments to the US. The company also sees 1.7 million chip-active merchant locations on its network, representing nearly 30% of the US merchant population [...]

The post Mastercard report 80% EMV chip card penetration in US – fraud down appeared first on Payments Cards & Mobile.

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Daily News, EMV, EMV card, EMV card acceptance, EMV chip card, Issuing & Acquiring, J/Smart, JCB International, US EMV card -

JCB International Credit Card Co, the Americas subsidiary of Japan-based international payment brand JCB , announced its J/Smart application identifier has been certified for EMV chip card acceptance in the US by Global Payments. “We are extremely pleased to achieve our first US EMV acceptance certification,” said Dan Skaling, executive vice president for JCBUSA. “JCB has been [...]

The post JCB certified for US EMV chip card acceptance appeared first on Payments Cards & Mobile.

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