Do You Need A Payment Gateway That Supports EMV?

It is not a secret that  EMV liability shift is approaching but still there are businesses which have not undergone the EMV certification. Payment gateway companies, payment facilitators and companies which maintain their own payment ecosystems should necessarily work on the certification while for small merchants it is enough just to buy EMV terminals from acquirers. The EMV certification process includes three phases: preparatory, payment processing host integration and EMV certification.

First of all you need to select payment terminals which you would like to use, then a payment processing gateway which will pass the transaction data to acquirers, and finally you choose acquirers that will process payments for you. When you are through you are ready to start working on the payment processing host integration. The integration code should be developed at this phase: a proper message should be implemented to enable a payment gateway to submit EMV fields to acquirer’s system in the required form. Only when you cope with the mentioned tasks you can move to the third phase – EMV certification. An EMV terminal and an EMV toolkit are used in this process. Special test scripts (certified by the acquirer for every association) are executed with the help of the EMV toolkit. The results are reviewed by the acquirer and then they forwarded to associations for the final approval. One more thing which you need to know is that there is an administrative fee associated with this phase ($2000 — $3000).

But if you do not plan to undergo the certification on your own and you just look for an EMV payment gateway you need to consider UniPay Gateway, a payment management platform which supports EMV, P2PE and offers a lot of other features to its clients (visit the web site).

Additional information on the EMV certification procedure you will find in the article at #Paylosophy (the article is available here).