BankingFinTech

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
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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.

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