American Banker 1/18/13: Revel Systems this week launched an iPad-based chip and PIN processing system in U.S. The technology integrates payment processing with chip and PIN card payment devices from Ingenico and Quest Payment Systems. Integrations with VeriFone, Genius’ payments platform and Tyro Payments are expected to follow.
The ability to process chip and PIN payments is part of complying with Europay, MasterCard and Visa (EMV) standards. EMV payments are generally considered safer than traditional magnetic stripe payments, and large parts of Europe, Asia and Canada have already migrated to EMV. The migration in the U.S. has been painfully slow, though it’s picked up steam in the past year.
Click here to read more: http://www.americanbanker.com/issues/178_14/can-tablets-speed-chip-and-pin-migration-1056004-1.html

Subscribe to the comments for this post?

Share this on Facebook

Share this on LinkedIn

Email this to a friend?

Share this on del.icio.us

Add this to Google Reader

Share this on Technorati

Seed this on Newsvine

Share this on Blinklist

Share this on FriendFeed

Add this to Google Bookmarks

Post on Google Buzz

Post this to MySpace

Share this on Plaxo

Submit this story to Propeller

Add to a lense on Squidoo

Stumble upon something good? Share it on StumbleUpon

Share this on Tumblr

Buzz up!

Source: Paymentspulse

Leave a Reply

Your email address will not be published.