Tag Archives: EMV

EMVCo creates QR Payment Mark to promote acceptance of EMV® QR Code Payments

EMVCo, the global technical body that manages the EMV® Specifications, has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. EMVCo has developed reproduction requirements and a free licensing structure to enable all implementers of EMV QR Code solutions to use the mark. QR Codes are two-dimensional machine-readable barcodes, increasingly used […]

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Visa begins pilots of new biometric payment card

Visa has initiated pilots with Mountain America Credit Union and Bank of Cyprus of a new EMV dual-interface (chip- and contactless-enabled) payment card, making these the first commercial pilots to test an on-card biometric for contactless payments. As a payments industry leader, Visa is committed to ensuring secure, fast and convenient payments at the point […]

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Gemalto launches the first biometric EMV card for contactless payments

Gemalto has been selected by Bank of Cyprus to supply the world’s first EMV biometric dual interface payment card for both chip and contactless payments. Using fingerprint recognition instead of a PIN code to authenticate the cardholder, the card is compatible with existing payment terminals already installed in the country. When customers place their fingerprint on […]

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59% of Card-Present Transactions Globally Use EMV® Chip Technology

Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017. This represents an increase over the prior year, when 42.4% of transactions were EMV-enabled.  The data reflects average transaction volumes over a 12-month period to account for seasonal variations. Given […]

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New SECORA™ Pay brand: one-stop-offering for fast and easy production of payment cards and smart wearables

EMV®-compliant payment solutions face growing demand worldwide – with a clear path towards contactless and multifunctional use to increase user convenience. Under the brand SECORA™ Pay, Infineon Technologies AG bundles state of the art contact and dual-interface EMV* security controllers with the latest EMV applets. Coming in various versions, SECORA Pay allows a flexible approach […]

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EMVCo Reports 6.1 Billion EMV chip payment cards in global circulation

Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV® payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion*. The data also highlights that 52.4% of all card-present transactions conducted globally between […]

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