Acquirer Systems joins US EMV Migration Forum
05 February 2013 | 1202 views | 0
Source: Acquirer Systems
Acquirer Systems, a global leader in test and validation solutions that provides Card Issuers and Acquirers with a real-time test environment that simulates the end-to-end payments ecosystem, is pleased to announce that it has joined the EMV Migration Forum. The Forum was founded by the Smart Card Alliance to support migration to EMV chip card technology in the United States.
Acquirer Systems is joining the EMV Migration Forum as the company further develops a local presence in the U.S. market to support the industry in making the step-change from magnetic stripe to chip card technology. As part of it's commitment to its U.S. clients and to the Forum, Acquirer Systems is leading a group of industry participants to identify EMV testing and certification issues specific to participants in the U.S. payments market. With a background of global EMV deployment, the company brings experience of successful EMV migration projects gained with customers worldwide, including issuers, processors, acquirers and merchants.
"The US is entering a critical phase in its preparation for EMV migration. The EMV Migration Forum is seeking global industry perspectives and industry leadership to help us to navigate a successful migration path," said Randy Vanderhoof, acting director for the EMV Migration Forum and Executive Director of the Smart Card Alliance. "I am therefore delighted to welcome Acquirer Systems on board the EMV Migration Forum to share with us their valued insight and knowledge of best practice EMV migration, garnered from their deep involvement in EMV rollout both here in the US and worldwide", he added.
"EMV is a significant technical and cultural step change for our payments industry. The involvement of Acquirer Systems in the EMV Migration forum and, particularly, our role in identifying test and certification issues, allows us the opportunity to provide our insight and guidance to other participants which we hope will contribute to making the transition easier and more rewarding for the industry as a whole", says Fergal Molloy, CEO Acquirer Systems.