EMVCo, the EMV standards body owned by American Express, JCB International, MasterCard Worldwide and Visa Inc., today launches its website subscription programme. The service that offers interested parties access to advance information regarding revisions to EMV Specifications, draft documents and upcoming meetings.
The EMVCo subscription programme has been introduced to establish a new communication channel that will broaden industry participation in the development work of the organisation and promote greater transparency regarding EMVCo activities. For a nominal annual fee of 750 USD per user, the service will provide key stakeholders of EMVCo an opportunity to monitor and participate in the document creation and review processes of the organisation.
In June 2009, EMVCo also plans to hold an annual user meeting for subscribers which will provide interested parties with additional insight into the organisation's activities and facilitate dialogue between the global payments industry and EMVCo.
EMVCo's royalty-free final and published versions of EMV Specifications, bulletins and application notes, type approval process documents and approval lists will remain accessible without charge. EMVCo remains committed to ensuring free industry access to these documents from the EMVCo website. The subscription fees generated by the new website service will be reinvested into the organisation to support its ongoing industry initiatives.