Fime gets CPACE-approval to help unify European payments

Wednesday 10 November 2021 08:35 CET | News

France-based fintech Fime is the first to be approved by the European Card Payment Cooperation (ECPC) to test and certify payment terminals and SoftPOS solutions.

Terminal vendors and kernel developers can now confirm the Level 2 functional compliance of their products using Fime’s Eval+ cloud-based test tool and lab services. CPA Contactless Extensions (CPACE) provides a foundation of interoperability for the European payment ecosystem, offering a seamless experience for consumers when making contactless payments.

Fime’s portfolio of CPACE services allows players to achieve compliance with multiple schemes. This approach helps to reduce costs, mitigate risks and ensure consistency across the ecosystem.

Supported by Fime Test Factory, Fime’s CPACE testing tool and services provide development teams with 24/7 access to the latest test suite, ensure accelerated time-to-market through automated product testing and facilitate collaboration between distributed teams.

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Keywords: certification, POS, cloud services, fraud prevention, regulation
Categories: Payments & Commerce
Countries: Europe
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Payments & Commerce

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