News

UL introduces EMV VAR qualification program

Thursday 7 May 2015 10:52 CET | News

UL has introduces a program dubbed the US EMV VAR Qualification Program.

The program combines a chip education component and an accreditation program to streamline and simplify the testing and certification process for Value Added Resellers (VARs) and Independent Software Vendors (ISVs).

Through a coordinated, industry-wide effort with Payments Security Task Force, PCI Security Standards Council and the EMV Migration Forum, VARs and ISVs will be better equipped to integrate chip cards into small and mid-sized merchants’ point-of-sales solutions in advance of the October 2015 liability shifts scheduled to go into effect by US payment networks.

The optional U.S. EMV VAR Qualification Program consists of these key components: an educational curriculum that provides a clear explanation of how to implement chip in the US electronic payments marketplace, a list of service providers independently accredited by the major payment networks to provide chip consulting and expertise and pre-qualification process run by the accredited service providers to help VARs and ISVs begin the implementation and testing process before they work with acquirers to achieve final certification

UL is a global independent safety science company. UL uses research and standards to continually advance and meet ever-evolving safety needs.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: EMV, payment security, online security, EMV, card security, credt cards, US, UL
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events