Verifone SC 5000 Awarded EMVCo 4.0 Approval

Thursday 2 October 2003 23:56 CET | News

VeriFone Inc., the worldwide leader in electronic payment solutions, today announced that it has received the latest EMVCo Level 2 Type Approval for the SC 5000 EMV smart programmable PINpad Module 2.0.

The granting of EMV Level 2 Type Approval was achieved after meeting the requirements of the latest technical specifications, EMV 4.0, and strengthens the SC 5000s position as the best-of-breed device to support the roll out of EMV-based value-added applications internationally. The SC 5000 is being displayed at a special Chip and PIN Programme Management Office reception being held for Members of Parliament at this weeks Labour Party Conference in Bournemouth, UK. The EMV module 2.0 provides a global platform for multi-lane customers, enabling the EMV library to be reused worldwide while only adding the local application layer and security applications required for the local market. Additionally, the hardware design of the SC 5000 means that the EMV module is black box certified, providing an EMV kernel that does not require re-certification every time new applications such as loyalty or private payment schemes are added. The SC 5000 PINpad provides the easiest way to upgrade existing terminals or electronic cash registers to support EMV requirements, and is the only peripheral device chosen as part of the Visa Smart Breakthrough Acceptance Device program designed to accelerate EMV throughout the world. The SC 5000 is currently being deployed in the UK town trial of Chip and PIN in Northampton with leading sports retailers all:sports and JJB Sports, pet superstore retailer Pets at Home and the worlds largest independent supermarket chain, SPAR. The SC 5000s robustness has been tested to conform to the international mechanical test standard IEC 60068-2-32. The International Electrotechnical Commission (IEC) is the leading global organisation that prepares and publishes international standards for all electrical, electronic and related technologies. These serve as a basis for national standardisation and as references when drafting international tenders and contracts. An independent testing laboratory, Laboratoire Central des Industries Electriques (LCIE) in France, conducted the tests. VeriFone International Partner (VIP) CCV-CardPay has recently deployed its first SC 5000 PINpads at leading retailers in Zurich as part of ep2, the joint project by acquirers to implement the EMV payment standard Swiss-wide. The SC 5000 is protected by a broad range of software-based security features and adheres to Triple DES (3DES) encryption standards being adopted by the payment industry to raise the level of fraud protection for PIN-based debit transactions. The SC 5000 features an integrated smart card reader with support for 0, 2, or 4 Security Access Module (SAM) slots to enable support for a broad range of smart card-based loyalty and electronic purse schemes. It also offers an optional built-in magnetic-stripe card reader. The SC 5000 is PED-compliant and offers a range of security protections including tamper-detection circuitry, VeriShield file authentication, and the flexibility to develop and support virtually any key-management scheme. The SC 5000s user-friendly design features large keys that minimise user input errors, and an easy-to-read display that is capable of handling a variety of images, including logos and graphics-based character sets.

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Categories: Payments & Commerce | Cards
Countries: World
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