ATLANTA, GA (PRWEB) October 12, 2012
Far Point Systems, an experienced provider of mission critical, high stress, high volume payment transaction solutions, now offers EMV (Eurocard/MasterCard/Visa) software consulting and development services. This service is an extension of Far Point’s existing payment processing consulting and development capabilities.
“Credit Cards in the US are finally moving away from the mag stripe of the 60’s and receiving integrated circuits”, says Brent Reeves, VP for Far Point Systems. “With that comes an increase in security and an increase in card capability”. Both Visa and MasterCard have released an aggressive roadmap for the integration of EMV technology. “Several factors are at play that we believe made this a good time for the U.S. to adopt and embrace chip technology," says Stephanie Ericksen in an excerpt from Bank Info Security. "The movement toward mobile, which uses the same technology as EMV, is a big reason. We've been working on that in the U.S. for a long time. ... and we've had several U.S. issuers that have been looking to issue chip cards for their international travelers."
“We have been serving the payments space since 1993 and we have developed EMV solutions for our international clients for years.” adds Mike Sanders, Far Point Systems President. “Our expertise is in building high stress, ultra secure, high volume transaction processing engines for government agencies and companies like Chevron, GlobalPayments, Verifone, HP, CCH and others. Over the last 20 years, we’ve accumulated a depth of knowledge and experience in the development of products that support retail automation, electronic banking, and payment processing industries. EMV is a natural extension for us. ”
About Far Point:
Far Point Systems, a 19 year old, US based payments and transaction software development and consulting firm helps banks, merchants, credit card issuers, and payment processors trying to prepare for the Visa and MC mandated EMV compliance deadline. Far Point has completed numerous EWV certification projects for some of the largest names in the payment space.
Far Point has experts available for EMV development efforts or on-site consultation to help shorten the EMV certification process and get you compliant.