NEW YORK–(BUSINESS WIRE)–The Payments Aegis Task Force today aing with the PCI Aegis Standards Council and the EMV Clearing Appointment to barrage a dent apprenticeship class and “pre-qualification” affairs to advice accumulate and abridge the EMV testing and accepting action for Amount Added Resellers (VARs) and Independent Software Vendors (ISVs).
Through this industrywide effort, VARs and ISVs will bigger accept how to accommodate dent cards into baby and mid-sized merchants’ checkout solutions in beforehand of the October 2015 accountability accouterment appointed by above U.S. acquittal networks.
“One of the greatest challenges in the move to dent is allowance the millions of baby and mid-sized merchants accept and accept the technology,” said Stephanie Ericksen, carnality admiral of all-around accident articles at Visa. “A automated action will advice their acquittal technology suppliers bigger adapt and apparatus dent agenda acceptance, as the advance to dent assets greater traction.”
The alternative affairs consists of three axial components:
Above U.S. acquirers alternate in the development of the affairs and will admit the pre-qualification status. Many plan to accommodate fast clue accepting for VARs and ISVs that accept approved the beheading of solid dent solutions.
“The clearing to dent in the U.S. is altered from what we accept apparent action in added countries and requires greater cooperation and scale,” said Carolyn Balfany, chief carnality president, MasterCard. “The industry, through a accommodating accomplishment like this, is best positioned to advice merchants and their ally advance the accomplishing of dent to bear their barter a safer arcade experience.”
“Successful EMV accomplishing in the U.S. requires cross-industry efforts to adapt for the clearing and accord beyond key payments players. Similar cross-industry efforts will accumulate EMV deployment and aerate adeptness effectiveness, active a added defended customer payments experience,” said Nicole Carroll, carnality admiral of all-around articles and solutions, Discover.
Merchants accept the adeptness to adapt their checkout systems today to abide to bear their barter an alike added defended arcade experience.
How It Works
The accommodating accomplishment will activate with the barrage of educational assets for the VAR and ISV communities to authorize an compassionate of dent technology. Some of the capacity addressed through targeted webinars and self-service web portals include:
With that foundation, anniversary VAR and ISV should accept the adeptness to pre-qualify its band-aid for anniversary of the above U.S. acquittal networks. The VAR would again assignment with its acquirer to accept a final accepting of the solutions a merchant would charge to action a dent agenda transaction.
The aftereffect will be a streamlined, go-to-market action for the bags of solutions that will accommodate advancing amount over the aing two to three years, as the U.S. migrates to chip.
To apprentice added about the educational efforts, visithttp://www.emv-connection.com/chip-education-for-vars-isvs-and-merchants/
To activate the pre-qualification process, visithttps://www.pcisecuritystandards.org/approved_companies_providers/var_qualifications_program.php
About the Payments Aegis Task Force
The Payments Aegis Task Force was formed in aboriginal 2014 to drive executive-level altercation for the purpose of acceptable payments arrangement security. The Task Force includes a assorted accumulation of participants in the U.S. cyberbanking payments industry, including acquittal networks, banks of assorted sizes, acclaim unions, acquirers, retailers, point-of-sale accessory manufacturers and industry barter groups.
Among the Task Force participants are American Express, Bank of America, Capital One, Chase, Citi, Acclaim Union National Association, Discover, First Data, All-around Payments Inc., Kroger, National Association of Federal Acclaim Unions, Marriott, MasterCard, Navy Federal Acclaim Union, Sheetz, Shell, Subway, US Bank, Vantiv, Verifone, Visa Inc., Walgreens, and Wells Fargo & Company.
About the PCI Aegis Standards Council
The PCI Aegis Standards Council is an accessible all-around appointment that is amenable for the development, management, education, and acquaintance of the PCI Abstracts Aegis Standard (PCI DSS) and added standards that access acquittal abstracts security. Founded in 2006 by the above acquittal agenda brands American Express, Discover, JCB International, MasterCard and Visa Inc., the Council has 700 Participating Organizations apery merchants, banks, processors and vendors worldwide. To apprentice added about arena a allotment in accepting acquittal agenda abstracts globally, amuse appointment pcisecuritystandards.org. Connect with the PCI Council on LinkedIn. Join the chat on Twitter @PCISSC.
About the EMV Clearing Appointment
The EMV Clearing Appointment is a cross-industry anatomy focused on acknowledging the EMV dent accomplishing accomplish appropriate for acquittal networks, issuers, processors, merchants, and consumers to advice ensure a acknowledged addition of added defended dent technology in the United States. The focus of the Appointment is to abode capacity that crave some akin of industry cooperation and/or allocation to drift auspiciously to dent technology in the United States. For added advice on the EMV Clearing Forum, amuse appointment http://www.emv-connection.com/emv-migration-forum/.
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