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Visa Announces How It Wants To Help Merchants Accelerate EMV Chip Migration

PYMNTS

In addition, Visa is investigating a system for acquirers to share certification test results with each other to avoid testing duplication. Visa’s new measures also include funding to support migration, which means Visa will be upping its financing support for acquirers and VARs that develop the software to power chip terminals.

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Visa’s Merchant-Friendly EMV Moves

PYMNTS

Visa is also exploring how acquirers can share certification test results with each other to avoid testing duplication. Visa’s new initiatives also include funding to support this new testing and certification program for acquirers and VARs that develop the software to power chip terminals and pre-certify their software solutions.

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PYMNTS’ Data Dive: Strange Bedfellows Edition — Card Networks, EMV And Retail

PYMNTS

To make happen – Visa will: (1) streamline testing requirements, (2) amend and simplify the terminal certification process, (3) provide technical expertise and funding to acquirers and VARs and (4) change the chargeback rules for merchants that are not yet chip-ready.

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