EMV Level 3 testing and certifications services by Fairbit.com

EMV payment training and consultancy services? EMVCo, which is composed of six member organizations (Visa, MasterCard, Discover, Amex, JCB and UnionPay), manages and defines the specifications for each level and ultimately certifies equipment at just levels 1 and 2. To earn level 3 EMV certification, the equipment must pass tests with each individual card brand. If your business needs to use a payment application specific to your industry, level 3 certification gets a lot more complicated.

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.

EMV vs. Magnetic Stripe Transactions. Unlike magnetic stripe transactions, where typically only the card’s track 2 data containing the card number and expiry date is processed, every chip card transaction contain dozens of pieces of information to be exchanged between the card, the terminal and the acquiring bank or processors host.

We know, it is crucial to get it done under tight time in the market limitations. Our team which more than 18 years of experience did a lot of EMV certification and has been giving consultancy all over the world. EMV payment training and consultancy services: EMV Roadmaps, new standards, and easier EMV configuration are just the beginning. See even more info on EMV payment services.