EMVCo enhances global interoperability for contactless payments
WASHINGTON, D.C. (September 26, 2018) — EMVCo has published EMV® Level 1 Specifications for Payment Systems – EMV Contactless Interface Specification v3.0.
The enhanced specification, available on a royalty-free basis to all industry participants, addresses the interoperability needs between EMV acceptance devices and diverse EMV contactless payment form factors, including emerging technologies such as mobile handsets and wearables.
An objective of the enhanced specification is to increase alignment with ISO standards, in addition to industry bodies such as NFC Forum, to streamline the deployment and acceptance of contactless payment technologies across the world.
The supporting testing infrastructure has also been advanced with the introduction of new test equipment to better identify and reduce the risks of interoperability issues before EMV contactless products are deployed in the field.
The EMV Specifications and related testing processes continue to evolve to support global interoperability and enhance security. To stay informed of the latest EMVCo developments and receive advanced access to EMV Specifications and related documents, join the EMVCo Associates Programme or become a Subscriber.
For further information, read the Q&A available to download from the EMVCo website.
About EMVco
EMVCo is the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV Specifications and related testing processes. Adoption of EMV Specifications and associated approval and certification processes promotes a unified international payments framework, which supports an advancing range of payment methods, technologies and acceptance environments. The specifications are designed to be flexible and can be adapted regionally to meet national payment requirements and accommodate local regulations.
EMVCo is collectively owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa, and focuses on the technical advancement of the EMV Specifications. To provide all payment stakeholders with a platform to engage in its strategic and technical direction, EMVCo operates an Associates Programme and encourages all interested parties to get involved.
Visit www.emvco.com for further information and join EMVCo on LinkedIn.
