EMV, Payment Security Standard for Chip Cards
This is a global security standard that is put in place by Visa, Mastercard and Europay in order to increase security and reduce fraud at the point of sale. More importantly, it removes the financial liability from merchant when/if chargebacks happen and passes it on to the issuing banks.
Any new POS terminal needs to follow this standard before it can accept or process payments from the major card brands. We have a full certification facility for testing and ensuring compliance with the EMV standard. We can help you get past the EMV certification in the shortest time possible.