Trintech Achieves EMV 2000 Version 4 Certification for Point-of-Sale and Unattended Payment Solution

Wednesday 17 December 2003 15:47 CET | News

Trintech has achieved EMV 2000 version 4 certification for its OpenPay EMV application kernel, which is used in a range of PIN Pads, point-of-sale terminals and unattended payment systems.

Europay, MasterCard and Visa (EMV) have jointly developed a set of global specifications that define and certify vendors software and hardware to ensure compatibility of chip cards and terminals throughout the world. EMV 2000 version 4 defines the latest version of these specifications. The major card schemes are committed to the rollout of chip-based payment cards. In many countries, from 2005, liability rules are changing to provide greater protection against fraud to merchants who have deployed EMV card acceptance technology meeting the global EMV standard. The ability to accept these new chip cards is becoming increasingly important. EMV compliance not only offers a deterrence against fraud but also provides opportunities for value-added and multi-application cards. Trintechs OpenPay application kernel has been rigorously tested by an approved laboratory and certified by EMV. This ensures that Trintech devices can accept EMV chip-based payment cards that have been issued anywhere in the world. This equipment includes PIN Pads, POS terminals and unattended payment devices such as kiosks and vending machines. OpenPay also allows customers to be authenticated by securely entering a PIN number. By achieving compliance with the latest EMV 2000 version 4 standard, Trintech can provide an easy EMV upgrade path for both point-of-sale and unattended systems.

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Categories: Payments & Commerce | Payments General
Countries: World
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