The first MasterCard qualified test tool that meets its latest card personalisation validation (CPV) requirements has been brought to market by Fime and Barnes International in a joint initiative.
The PersevalPRO Issuer test tool allows issuers to accurately and efficiently prepare for the MasterCard CPV certification process. This reduces a product's time to market by eliminating costly and time consuming issues arising during the final certification stage.
FIME - a global leader in integration services for secure chip based applications, tokens and devices, and Barnes International - worldwide chip card test tool developer, have combined expertise to develop the PersevalPRO Issuer test tool. The product incorporates the latest card personalisation functionality and security requirements issued by MasterCard on 25 March 2011, and it is the first to achieve qualification from the payment system.
FIME will use the test tool within its global ISO 17025 accredited laboratories when delivering consulting services for customers requiring MasterCard CPV compliance, by continually evaluating the alignment of a card to these most recently stipulated standards throughout the development process. It will also use PersevalPRO Issuer within its official capacity as an approved MasterCard laboratory to generate the test results required for a product to achieve MasterCard certification.
Banks, card manufacturers and personalisation bureaux are additionally able to purchase and use the tool independently to test a product's adherence to MasterCard standards prior to official certification.
Vincent Poty, Head of Strategy and Corporate Development at FIME, comments: "FIME's extensive knowledge of CPV requirements and Barnes' long history of building MasterCard testing tools enabled us to work resourcefully together to develop and launch a comprehensive test solution. The tool has been designed to facilitate updates on new or changed test scenarios as and when required. FIME's investment in this area is reflective of our commitment to deliver tangible efficiencies to our customers, which allows them to successfully launch advanced card produducts that meet the highest industry standards. As a MasterCard accredited service provider, it demonstrates our aim to effectively meet its latest certification needs."
Brian Summerhayes, Managing Director at Barnes International, comments: "Barnes and FIME have worked in close collaboration to produce this comprehensive test solution for pre-certification of MasterCard and PayPassTM cards. This will yield many benefits to our customers in terms of time and effort saved in developing new MasterCard products and preparing and submitting cards for certification. This joint co-operation reflects the dedication of both Barnes and FIME to deliver the very best test tools and highest levels of service to customers worldwide."