TSYS and Ingenico Group to Offer New Semi-Integrated EMV Solution
Staff Report From Columbus CEO
Thursday, October 29th, 2015
TSYS, a leading global payments provider, and Ingenico Group, a global leader in seamless payments, today announced a new semi-integrated solution to simplify the EMV certification process. TSYS is the first processor to Class A certify Ingenico Group’s new offering, which is designed to enable partners with the ability to easily build and deploy secure EMV and NFC solutions.
The combined TSYS and Ingenico Group offering provides Value-Added Resellers and Integrated Software Vendors with a simple and secure pathway to begin enabling EMV payments. This easy-to-implement solution empowers VARs and ISVs to focus on developing their core products, while offering them a secure method for accepting payments, including magnetic stripe, EMV and NFC contactless payments.
Using a semi-integrated approach, communications between the PIN pad and point-of-sale system are limited to non-sensitive exchanges, preventing card data from entering the POS. By taking the POS out of the payment flow process, not only are EMV certification and PCI compliance simplified, but overall costs and time required for EMV implementation are reduced as well. Fully certified through all major card brands, this new TSYS-certified solution also has the ability to process with TSYS Guardian EncryptionSM, ensuring payments are both reliable and secure.
“Our goal is make the transition to accepting EMV transactions as seamless as possible,” said Craig Ludwig, head of product for TSYS’ Merchant Services segment. “Our relationship with Ingenico Group, as well as their industry-leading expertise in EMV and NFC, allows us to provide our VAR and ISV partners with a quick-to-market solution. We’re excited to bring our clients yet another solution that eases the burden of EMV migration.”
“We’re pleased that TSYS is the first processor to certify Ingenico Group’s new semi-integrated solution,” said Bernie Frey, senior vice president of Acquirer Sales, North America, Ingenico Group. “This new offering ideally positions TSYS and Ingenico Group to address the demand for field upgrades that EMV is creating. Our flexible integration toolkit simplifies the process of developing and implementing a semi-integrated solution for merchants.”