Difference between revisions of "EMV Chip&Pin"
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==Processor EMV Compliance== | ==Processor EMV Compliance== | ||
− | + | For the processors that are ready, we will be offering EMV solutions before the October deadline. | |
+ | The limiting factor is the processor readiness, we are going as fast as they allow us. | ||
At the moment, it is not clear how all the parties involved will be able to deliver the EMV solutions by the deadline. | At the moment, it is not clear how all the parties involved will be able to deliver the EMV solutions by the deadline. | ||
− | We are working with all major processors to follow their roadmaps to EMV compliance. Given that the liability shifts not only to the merchant but also to the acquirers, we are on the lookout for temporary waivers, as we have seen with MC Mandate lately. | + | We are working with all major processors to follow their roadmaps to EMV compliance. Given that the liability shifts not only to the merchant but also to the acquirers, we are on the lookout for temporary waivers, as we have seen with MC Mandate lately. |
==Compatible devices== | ==Compatible devices== |
Revision as of 19:50, 3 August 2015
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CreditLine Payment Processing Software Chip & Pin. This site can also be reached at http://docs.911software.com
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Contents
EMV Deadline
EMV Deadling is October 2015.
911 Software intends to deliver EMV compatible interfaces by the deadline. We are engaging all major processors at the moment to obtain the specifications and schedule integration and testing logistics.
What is EMV Chip&Pin Contact and Contactless Transactions?
EMV (Europay,MasterCard, and VISA) Specifications require the ability to process cards enabled with an EMV chip, using special readers capable of reading the card ship and accepting pin entry (similar to debit cards). This requires special EMV compliant readers, EMV compliant cards, EMV compliant processors and EMV compliant payment processing software.
Chip & Pin or Chip & Signature?
US is adopting Chip & Signature model which will have no impact on the normal operating procedure. Basically, the card has the chip and the customer supplies the signature, they way it always worked.
Processor EMV Compliance
For the processors that are ready, we will be offering EMV solutions before the October deadline. The limiting factor is the processor readiness, we are going as fast as they allow us. At the moment, it is not clear how all the parties involved will be able to deliver the EMV solutions by the deadline. We are working with all major processors to follow their roadmaps to EMV compliance. Given that the liability shifts not only to the merchant but also to the acquirers, we are on the lookout for temporary waivers, as we have seen with MC Mandate lately.
Compatible devices
The following devices are being integrated currently with CreditLine: Ingenico IPP320 (TSYS, HPS, etc), Verifone vx820 (RBS WorldPay), HPS-E3 (HPS). These devices will be required to be able to process EMV