Clear2Pays M/Chip Advance Test Solution receives validation from FIME

Thursday 17 October 2013 09:53 CET | News

Clear2Pay, the international technology provider of payment solutions for financial institutions, has unveiled that its M/Chip Advance Test Solution has been analysed and validated by FIME, a French provider of consulting and market integration testing services for smart devices and secure chip-based applications.

M/Chip Advance is MasterCard’s latest EMV-based payment platform for traditional debit, credit and prepaid cards facilitating the deployment of contactless applications and enabling applications such as transit and loyalty. Prior to rolling out M/Chip Advance cards, vendors require certification by a MasterCard accredited test laboratory to ensure that their cards are compliant to MasterCard’s M/Chip Advance specifications.

Clear2Pay is a financial technology company focused on providing financial services institutions with electronic payments technology. Clear2Pay operates in Belgium, France, the Netherlands, Poland, Spain, United Kingdom, Senegal, US, Australia, China, Malaysia and Singapore.

In May 2012, Clear2Pay inked a contract with German financial institution Commerzbank.

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Keywords: Clear2Pay, FIME, M/Chip Advance, Belgium
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce