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Cilab adds support for testing EMV contactless payments acceptance on NFC devices

NFCW

CILAB CI230: Now able to validate EMV interoperability and payment acceptance on NFC devices PARTNER NEWS: The Cilab ci230 high speed test bench now includes support for testing NFC device compliance with EMVCo’s new reduced range testing process for contactless payments acceptance on standard NFC devices.

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Interchange Fees on Contactless Payments Comparison

Clearly Payments

This article covers the interchange fees associated with contactless payments compared to other credit card payment methods, such as online transactions and traditional swipe methods. Understanding Interchange Fees Interchange fees are an integral part of the payment processing system.

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Fime Launches Industry’s First EMV® C-8 Contactless Kernel Testing Services

Fintech Finance

Fime is proud to announce that it is the first to offer testing services in line with the EMV®* C-8 Contactless Kernel Specification**. This new approach is set to significantly streamline the development, testing and launch of new contactless payment terminals for vendors, merchants and solution providers.

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Card networks face pushback over mobile EMV acceptance tech

Payments Source

EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. (..)

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Contactless payments is EMV's 'fast solution'

Payments Source

Adoption of contactless is already well under way, and in a few years consumers will likely look back and recall the bad old days when valuable time was taken up waiting for transactions be processed and wonder how they ever coped without the speed, ease and convenience of contactless payment cards, writes Fiserv's Jamie Topolski.

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Venice goes live with contactless payments across its fleet of water buses, trams, ferries and more

NFCW

OPEN PAYMENT: Venice public transport users can use contactless cards to pay for their fares Visitors to Venice can now use a contactless debit or credit card to pay for fares on any of the city’s public transportation services, including water buses, speedboats, motorboats, ferries, buses and trams.

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EMV contains a key that unlocks contactless payments

Payments Source

Contactless payments today seem to address the slowness of EMV contact without compromising security. And unbeknownst to many, it uses the same security protocol, writes Andrey Tikhonov, senior director of payment technology for Infinite Peripherals.