Payments News


As an E-Commerce Payment Spec Goes out for Comment, ‘Commercial Applications’ Could Emerge by Early Spring

“The specification, known as Secure Remote Commerce, has emerged from work by EMVCo, the standards body managed by six global card networks, and is aimed at both simplifying consumer checkouts online and at tightening transaction security with tokenization. After comments have been considered and perhaps implemented, EMVCo will publish the final spec, probably early in 2019, Anil says.”