EMV Level 3 testing and certifications services? Don’t go another day without an EMV certified terminal simply because your provider or payment application isn’t EMV certified. Take advantage of the quick solutions PayJunction offers and start accepting EMV today. Get a free EMV certified terminal today! Has your business struggled to accept EMV chip cards? Were you unaware of these EMV certification details? Contribute to the discussion below, we’d love to hear from you!
EMV initially prevented fraudulent “card-present” transactions because the chip card, which encrypts the data and generates a unique transaction code for each purchase, was considered extremely difficult to duplicate. However, in 2018, crooks in Brazil were the first to figure out how to create valid EMV duplicates. See 3-D Secure.
Before an EMV capable solution can be deployed, there are many EMVCo mandated tests that need to be passed to validate that an EMV implementation conforms to the EMV standard. As the EMV specifications evolve and are regularly updated this can become a major job in itself – another reason why many businesses who require an EMV “Chip & PIN” or “Chip & Signature” solution opt to license a purpose built off the shelf EMV Software Kernel rather than develop their own in house.
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