Paragon to resell SmartSoft-IT EMV products in Americas

Source: Paragon Application Systems

Paragon Application Systems, a leading global provider of electronic payment (ePayment) and EMV simulation, configuration and testing solutions, today announced a partnership with SmartSoft Information Technologies (SmartSoft-IT), a leading provider of EMV solutions, to offer end-to-end software solutions for EMV migration.

Paragon Application Systems will resell SmartSoft-IT solutions in North and South America.

As businesses migrate their ePayment systems from magnetic stripe cards to EMV chip-based cards to help reduce fraud, they need software solutions to make the appropriate changes to cards, devices (including ATMs and point-of-sale terminals), and to their systems in order to accurately process EMV transactions. SmartSoft-IT offers software solutions for EMV card issuance, card personalization and EMV processing changes for devices. Paragon Application Systems offers test tools to simulate the entire online EMV transaction including cards, devices, hosts, issuers, acquirers and switches. Together these solutions offer a complete package for EMV—from EMV card personalization and issuance through online testing.

Paragon Application Systems and SmartSoft-IT will be demonstrating their solutions for EMV at ACT Canada's Cardware 08 Conference, October 8th and 9th in Kitchener-Waterloo, Ontario, Canada.

"Based on our EMV implementation experience it is clear that customers are in need of a complete end-to-end solution to successfully navigate the migration to EMV," says Jim Perry, Vice President of Sales and Marketing for Paragon Application Systems. "By partnering with SmartSoft-IT to sell, service and support their solutions in North and South America, we're able to offer customers a proven, cost-effective single-source solution to manage all aspects of the EMV life-cycle."

"We are so delighted to partner with Paragon to offer complete EMV solutions in the Americas market," says Emilian Eleftratos, Vice President of Sales and Marketing for SmartSoft Information Technologies. "The solutions of the two parties complement each other and form a perfect solution set for customers."

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