How do I get EMV certification?
To obtain EMV certification, it is suggested to use a UL Brand Test Tool (BTT) to load in test cases from the card brands to be run against the device and application. These can cost around $12,000 to purchase and are a must-have.
What is EMV training?
EMV training course provides detail information about EMV specifications and associated security mechanisms. EMV training course teaches you the fundamental of EMV transactions at a technical level. EMV hands-on training also discusses mobile payment technologies.
How are EMV chips made?
Physically, EMV chips are made of very thin layers of glass with small circuits embedded between them. The layers are then bonded with a gold or silver contact pad, which also serves as a protective layer. So the chip itself is actually hidden behind the gold or silver layer you see on the front of the card.
What is terminal EMV certification?
Designed to decrease fraud, the EMV terminal reads the unique, one-time code generated when a chip card is inserted. This is a distinct process that requires a separate slot for inserting a chip card compared to the component used for swiping magstripe cards.
How long does EMV certification take?
How to become EMV certified. Becoming EMV certified can take up to 11 steps, which can take a total of four-to-five months to complete. First, your terminal has to be EMV certified, which can mean buying new hardware that is able to accept chip cards.
How long is EMV?
While the magnetic stripe can process payments almost instantly, EMV chip transactions take up to 15 seconds to complete. EMV chips must remain in the terminal until the transaction is finalized, while magnetic stripes can be swiped and removed in one motion.
What is EMV L2 certification?
Level 1 certification is the responsibility of the device hardware supplier, whereas Level 2 certification is the responsibility of the device software supplier. It is important to note that for contactless EMVCo certification, there is no self-standing Level 2 certification.
What is a payment kernel?
An EMV kernel is a set of functions that provides the processing logic and data that is required to perform an EMV contact or contactless transaction. The kernel is a part of the terminal payment application supporting EMV functionality and is included in the EMVCo Level 2 approval process.