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Tech

US Payments Forum Provides Updated Guidance for US EMV Contact and Contactless Acceptance Testing and Certification Processes in Revised White Paper

“The U.S. Payments Forum has updated its resource, “EMV Testing and Certification White Paper: Current Global Payment Network Requirements for the U.S. Acquiring Community.” The revision includes new information on EMV contactless testing and certification requirements and processes, as well as updates to contact requirements from the global payment networks.”
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Tech

PAR Technology Introduces PAR Pay for all PAR POS Software Solutions

“ParTech, Inc. (PAR), a leading global provider of point of sale (POS) and workforce efficiency solutions to the restaurant and retail industries, announced the introduction of PAR Pay, a SaaS based EMV enabled transaction processing solution for processing credit, debit and store value cards. PAR Pay is seamlessly integrated as an extension of all PAR […]
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Tech

CONTACTLESS PAYMENTS TO REPRESENT 1 IN 3 IN-STORE TRANSACTIONS GLOBALLY BY 2020

“New data from leading fintech analysts, Juniper Research, estimates that driven by payment cards and mobile wallets, in-store contactless payments will reach $2 trillion by 2020, representing 15% of the total point of sale transactions. Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than previously anticipated by […]