The cards were introduced after a lead time of just three months and have been handled by the processor ever since. “The chip involves an internationally deployed EMV card product which will help counteract card fraud in the framework of a liability shift,†explains Gabi Disselbeck, head of GZS’s Smartcard Competence Center. “The functionalities for the chip application were already implemented in the course of the EMV introduction.†GZS has been pioneering the use of EMV technology for a long time: after making the headlines as the first processor of MasterCard credit cards with Seccos chips in late 2003, and handling Germany’s first EMV transaction in acquiring and network operations, it concluded the final host acceptance for full chip processing at the end of 2004.
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