About EMV

As of October 1st 2015, any business in the U.S. not using EMV compliant contact POS devices, may assume liability for any possible counterfeit  transactions.


Whether you are planning to migrate from magstripe to EMV or you are looking to improve the ongoing efficiency of maintaining compliance with EMV standards, then our solutions can help you. ICC Solutions can help you manage the complexity of migrating to EMV and reduce the cost of maintaining your products and ongoing support.


What is EMV?

EMV is the global payment scheme for credit and debit cards based on chip card technology. Chip cards contain much more data than magnetic stripe cards. They store data on integrated circuits and perform complex cryptography to secure transaction data. EMV payments can take the form of contact or contactless transactions. The term EMV comes from an acronym made up of EuroPay, Mastercard and Visa.


Why are businesses migrating to EMV?

Driven by the ever increasing incidents of card related fraud, businesses worldwide are migrating from magnetic stripe to more secure chip-based EMV environments. This is because, unlike traditional magnetic stripe cards, EMV cards offer a higher-level of protection for users as they have an embedded microchip that encrypts information during each transaction protecting the information being transferred by making it unique at each payment so it’s harder to replicate.


How do businesses successfully migrate?

In order for business to successfully migrate to EMV and meet the latest standards to remain compliant, they must be able to emulate in real-time an end-to-end EMV payments environment. ICC provides businesses worldwide with comprehensive real-time testing environment suites so they can accurately validate, optimise and test the interoperability of their systems to ensure the quality and compliance of their payment transactions.