EMVCo: Launches Evaluation Programme

  • EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing
  • Launched a pilot testing programme to evaluate consumer mobile devices for contactless payment acceptance
  • The Early Adopter Programme is open to vendors for functional evaluation of smartphones and tablets
  • EMVCo has introduced the Early Adopter Programme to address industry requests to support merchants
  • Acquirers that want to use commercial-off-the-shelf (COTS) consumer mobile devices to accept contactless payments
  • The programme is an interim step in a longer-term EMVCo initiative exploring how to adapt the terminal testing programme
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...