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Moneris expands portfolio of EMV®-capable solutions to United StatesMoneris Solutions, one of North America's leading processors of debit and credit payments, today introduced its expanded portfolio of EMV®-capable solutions for merchants to accept EMV payments in the United States. With over a decade of experience supporting EMV transactions, Moneris is bringing its expertise and product solutions to the U.S. in time for the pending liability shift in October 2015. Moneris' EMV-capable product lineup features integrated and standalone solutions for merchants seeking net-new EMV payment solutions or terminal upgrades for existing point-of-sale (POS) systems. "Knowing that businesses that don't accept EMV cards will soon be held liable for certain types of card fraud and seeing a greater number of chip cards in our office convinced us to make the move to EMV payments sooner rather than later," said Dr. John Micka, a dentist based in St. Charles, IL. "We chose Moneris to help us make the transition to EMV because they have so much experience with the technology, having gone through the EMV migration in Canada nine years ago. It was a wise choice. Moneris made our move to EMV quick, easy and painless. Now we can accept chip credit and debit cards as well as contactless payments, like Apple (News - Alert) Pay." "Our proven track record gives merchants the peace of mind of knowing that they are working with a trusted and reliable EMV processor," said Chris Lee (News - Alert), president, North American strategic partnerships and emerging markets. "We manage every aspect of the EMV migration and integration process, from design and testing, to certification and implementation, making the switch to EMV a seamless transition for merchants." Moneris is working with payment hardware providers Ingenico Group and Verifone to deliver the following EMV-capable solutions that also support contactless acceptance for NFC-based mobile payments, including Apple Pay®:
In October 2015, the card associations are shifting the liability for certain types of credit card fraud from card issuers to businesses that are unprepared to accept EMV payments. Moneris' EMV-ready solutions offer merchants a quick and simple way to make the transition to EMV ahead of the impending liability shift, while providing them with essential business and payment processing tools. Moneris offers the latest security practices including card data encryption at the point of sale. Advanced security protocols prohibit unauthorized access so small to mid-sized merchants can confidently process card brands including Visa®, MasterCard (News - Alert)®, Discover® and American Express®. As part of a longstanding commitment to partners that include Independent Software Vendors (ISVs) and Independent Sales Organizations (ISOs), Moneris provides developer-ready specifications and open APIs for easy integration into other applications. This flexibility helps partners deliver seamless EMV solutions to merchant clients through a single application. For more information, please contact www.monerisusa.com/emv and 1-866-423-8475. About Moneris Solutions As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation ("Moneris") offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151001005319/en/ |
