Fime, a global leader in consulting and market integration testing services for smart devices and secure chip-based applications, has achieved MasterCard PayPass 3.0 qualification for its EVAL Test Suite.
The tool is the first on the market to be approved by MasterCard for PayPass 3.0, and can test contactless terminals designed to meet the payment system's latest specifications for accepting high value contactless transactions.
The FIME EVAL Test Suite for contactless terminal testing has also recently received qualification from the EMV® standards body, EMVCo, to certify that terminals meet its latest Level 2 contactless specifications - EMVCo Book B Entry Point. The tool will be welcomed by terminal manufacturers that need to align to the next generation of EMV mandatory contactless terminal standards, as well as preparing for the future introduction of MasterCard PayPass 3.0 certification requirements.
In addition to the sale of the tool, FIME's ISO 17025 accredited global laboratories use the EVAL Test Suite as part of its official certification activity for both EMVCo and MasterCard.
Vincent Poty, Head of Strategy and Corporate Development at FIME, comments: "With these recent industry qualifications, EVAL Test Suite is currently the most complete payment terminal test tool available. We are delighted to be at the forefront of such interesting advancements in the payment landscape and believe that contactless transactions will continue to gain traction as more products are brought to market. The commitment from MasterCard and EMVCo to ensure market stability of the contactless payment ecosystem by creating comprehensive compliance programmes demonstrates the market's long-term vision for this infrastructure."
Christian Delporte, Head of Chip Engineering at MasterCard, adds: "We are delighted that FIME has achieved MasterCard PayPass 3.0 qualification for the EVAL Test Suite. MasterCard terminal vendors now have one more opportunity to test the compliance of their terminals in-house during the development stage. This reduces time to market by ensuring products are designed in line with these latest specifications, and there are no unforeseen delays at the certification stage."