Trintech Achieves EMV Level 2 Certification for POS Terminal and PINPad Solutions from EMVCo; Trintech’s Leading Merchant Solutions Approved to Accept EMV Smart Cards By Industry Body, Enabling More Secure and Flexible Card Transactions
PR Newswire January 14, 2003Trintech Group Plc (Nasdaq: TTPA; Neuer Markt: TTP), a leading provider of secure payment infrastructure solutions, today announced the successful EMV Level 2 certification of its smart card-enabled POS terminal and PINPad solutions.
Trintech has been successfully developing and deploying standards-based smart solutions to merchants and resellers for over 10 years. The latest EMV certification ensures Trintech meets its commitment to participate in major European EMV town trials scheduled for March 2003. Trintech’s technology also provides merchants with a unique, all-in-one solution, that minimizes investment and disruption at store level.
“The move to more secure, chip-based, payment technology is the critical next step for the payment industry,” said Eamon Keating, General Manager of Trintech’s Retail Division. “Markets, such as the UK, are migrating rapidly towards EMV smart cards and Trintech is focussed on working with merchants to ensure they are ready to accept the new technology by the deadline. A number of customers, such as Wilkinson, are in the process of integrating our PayWare SmartPIN solution in order to be ready when the Northampton trial starts in March 2003.”
“PayWare SmartPIN is cost-effective and provides us with a solution that does not require major changes to our existing point-of-sale systems,” said Eddie Clerck, Systems Development Controller at Wilkinson.
EMVCo certifies vendors’ software and hardware to ensure compatibility of smart card accepting devices to a worldwide standard administered by Europay/MasterCard and Visa (EMV). The EMV Level 2 certification covers the software aspects of processing a smart card transaction.
Trintech’s EMV solution provides an Application Programming Interface (API) to allow easy integration with existing payment applications, whether these applications are resident on a PINPad or POS terminal; EPOS system or a back-office server. By keeping the certification relevant part of the EMV solution on its PINPad, Trintech has minimized the impact on existing payment software infrastructure in large stores.
Trintech’s EMV software library is certified to EMV standard and covers both Static Data Authentication (SDA), and Dynamic Data Authentication (DDA). The software library is certified on Trintech’s full range of devices, including the Compact 950-PP, Compact 9400i, Smart 5000 and the OpenPay platform. For more information on Trintech’s range of EMV merchant solutions, please visit Trintech at the Chip and PIN Conference in London on January 23 (London Marriott, Grosvenor Square), or OmniCard in Berlin from 15 – 17 January (Berlin’s Grand Hotel Esplanade, Germany). Alternatively, you can visit our website at www.pinpad.co.uk .
Founded in 1987, Trintech is a leading provider of secure electronic payment infrastructure solutions for card-based transactions for traditional commerce, eCommerce and mobile commerce. The company offers a complete range of payment software products for credit, debit, commercial and procurement card applications, as well as being a world leader in the deployment of payment solutions for Internet commerce that are fully compliant to industry security standards. Trintech’s range of scalable open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for traditional payments and the emerging world of electronic commerce. Trintech can be contacted in the US at 15851 Dallas Parkway, Suite 940, Addison, TX 75001 (T. +1-972-701-9802), Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (T: +353-1-207-4000), and Germany at Siemenstrasse 20, 63263 Neu-Isenburg (T:+49 6102 7850). www.trintech.com.
SOURCE Trintech Group Plc
CONTACT: Breda Leonard, Group Corporate Communications of Trintech Group Plc., +353 87 205 4997, or [email protected]