PRINCETON JUNCTION, N.J., March 01, 2018 (GLOBE NEWSWIRE) -- The U.S. Payments Forum has updated its resource, “EMV Testing and Certification White Paper: Current Global Payment Network Requirements for the U.S. Acquiring Community.” The revision includes new information on EMV contactless testing and certification requirements and processes, as well as updates to contact requirements from the global payment networks.
The white paper, developed by the Forum’s Testing and Certification Working Committee, can be downloaded at http://www.emv-connection.com/emv-testing-and-certification-white-paper-current-global-payment-network-requirements-for-the-u-s-acquiring-community/.
“For merchant segments that are still working to enable their terminals to accept EMV chip cards, and for those looking to add contactless acceptance to their capabilities, it’s essential that they understand the requirements for testing to ensure they are obtaining certifications efficiently and effectively,” said Randy Vanderhoof, director of the U.S. Payments Forum. “This update to the white paper reflects the current payment network requirements for both contact and contactless transactions, and continues to be a useful resource as merchants and acquirers move forward with their move to chip payments.”
The white paper includes:
- The most up-to-date requirements and processes from the global payment networks American Express, Discover, Mastercard and Visa
- Testing and certification requirements for Quick Chip and M/Chip Fast implementations
- Information on contactless EMV certification and testing processes
The Testing and Certification Working Committee’s goal is to discuss the challenges with EMV certification and define approaches for achieving certification to meet the payment network milestones for fraud liability shift. For more information, visit http://www.uspaymentsforum.org/working-committees-sigs/testing-and-certification-working-committee/.
The updates to this white paper are part of the U.S. Payments Forum’s ongoing efforts to provide the education necessary for the U.S. to successfully move to chip cards and to provide guidance on implementing other emerging payment technologies. For additional EMV-related resources, visit http://www.emv-connection.com.
About the U.S. Payments Forum
The U.S. Payments Forum is a cross-industry body focused on supporting the introduction and implementation of new and emerging technologies that protect the security of, and enhance opportunities for payment transactions within the U.S. The Forum is the only non-profit organization whose membership includes the whole payments ecosystem, ensuring that all stakeholders have the opportunity to coordinate, cooperate on, and have a voice in the future of the U.S. payments industry.
Contact:
Adrian Loth
Montner Tech PR
203-226-9290
aloth@montner.com