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TransFirst selects EMV application from Ingenico

Thursday 21 May 2015 00:00 CET | News

TransFirst, a provider of transaction processing services, has begun enabling EMV payment acceptance through Ingenico EMV terminals.

EMV is the global standard for credit and debit payment cards based on chip card technology. Globally issuers are including chips in bank cards and merchants are moving to EMV-compliant terminals to increase security and reduce fraud resulting from counterfeit, lost and stolen cards.

A driving force for change is the Payment Card Industry (PCI) liability shift, which takes place on October 1, 2015, that directly affects acquirers, issuers and merchants. By this date, the party — either the issuer or merchant — that does not support EMV, assumes liability for counterfeit card transactions.

A provider of transaction processing services and payment enabling technologies, TransFirst offers products and services designed with financial institution, independent sales organization, healthcare, e-commerce, government and merchant customers needs in mind.

Ingenico Group is a global provider of solutions to empower commerce across all channels, in-store, online and mobile. With the worlds largest payment acceptance network, the company delivers payment solutions with a local, national and international scope.


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Keywords: EMV, payment security, online security, card security, credt cards, encryption, TransFirst, Ingenico
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






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