EMV certifications continue to move forward, albeit at a much slower pace than originally anticipated. While BridgePay has completed its EMV coding to various processors, it is simply clear processors were unprepared for the barrage of certifications and the extensive time required to complete certification. While processors are working hard to move certifications forward, BridgePay understands this message is difficult to communicate downstream to your merchants. We fully intend to have our largest processing partners completed by October. What can you do in the meantime?
Please review our EMV solutions below for a complete understanding of our product offerings. Our solutions will include initial device certification with Ingenico's Telium 2 family of terminals with further details to be released as certifications are completed. Many POS partners have begun integration to one of these products or started BETA testing so they can be ready to deploy our solution to customers. As we begin to near the completion of both PA-DSS certification and EMV certifications, we will communicate this to our partners and update our website information accordingly.
Bottom line: Start your integration today to one of our EMV ready PayGuardian middleware products in conjunction with one of our approved EMV devices, and EMV will simply be enabled at the gateway level once the processor's certification is done. No further integration required!
Know the basics. Pass along this simple video from VISA showing how to use an EMV card.
Using your chip card
Looking for more information on EMV?
Here are some statics and general information on EMV given at a recent EMV Forum conference held last month.
Currently 28% of credit cards active today are "chip cards." That number is expected to rise to 63% by October. Eighty percent of EMV cards issued today are not dual interface, i.e. they do not support contactless
Virtually, no ATM chip cards have been issued.
Forty-eight percent of merchants are expected to be EMV enabled by October and they are almost all Level 1 (Walmart, Target, etc..) or Level 4 (small merchants only requiring an EMV stand-alone terminal).
To address card security, the following items should be implemented and BridgePay offers all three!
- Point to Point Encryption
Watch the EMV Forum present EMV 101
Here are some other helpful EMV websites: