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November 08, 2012

VeriFone Introduces SAIL EMV

Verifone logo 140pxVeriFone has announced the availability of SAIL EMV, a new platform that enables banks and acquirers around the world to quickly provide smartphone and tablet-based chip-and-PIN card payments solutions to small and medium-sized merchants.
“International deployment of the SAIL platform provides a unique mobile payments solution that enables rapid expansion and adoption of secure chip-and-PIN technology through thousands of VeriFone’s international banking and acquiring partners,” said VeriFone CEO Douglas G. Bergeron. “The open, flexible and modular nature of SAIL EMV is attractive to organizations that want to expand sales with smartphone and tablet payment solutions for small merchants.”

SAIL EMV provides banks and acquirers in more than 100 countries and across six continents with a complete solution to expand their product portfolios with custom-branded services that enable mobile merchants to accept chip-and-PIN payments. Adds Open APIs to Banking Platform

Billcom logo announced that it has added broad integration capabilities to its cash flow-centric banking platform for banks and their small and mid-size business (SMBs) customers.
"Just as CheckFree helped banks revolutionize the consumer payments industry, is now enabling banks to do the same for their business customers' cash flow management and payments processes," said Mark Johnson, former Vice Chairman of CheckFree Corporation and current board member. " understands the problem banks have faced trying to cobble together a business solution from their consumer offerings. has fixed the problem via an integrated, efficient platform that helps banks win customer loyalty and brings them the ability to earn additional revenue."

Elavon and payleven Collaborate on Mobile POS

Elavon logo 140pxElavon and payleven, a European mobile payments provider, have announced a partnership to provide mobile card acceptance by small and independent businesses in Europe.
“Elavon is committed to delivering solutions that enhance business opportunities for its customers, of all sizes, helping to make them more efficient and more profitable. payleven’s solution is perfect for the thousands of very small, often mobile, businesses in Europe today. Such businesses have previously not been able to accept card payments easily or cost effectively,” commented Jan Reinink, Head of Business Development in Germany.

The solution is currently running successfully in Germany, Italy, Netherlands, Poland and the UK.

MasterCard and ING Launch EMV Internet Payments Trial

MasterCard logo 140pxMasterCard and ING Group have announced a joint trial underway in the Netherlands that extends the functionality of the Mobile MasterCard PayPass app to support online purchases.
The solution being tested in the trial supports two scenarios: first, shopping and paying on a phone where the consumer is able to select merchandise they want to purchase, select their payment method, provide their shipping information and enter their PIN to authenticate the transaction. An EMV-compliant cryptogram is supplied by the phone directly to the merchant’s payment gateway for processing. In the second scenario, the consumer is able to start their shopping on a PC or tablet, and then complete the payment step on their phone using a secure QR code that connects the Mobile PayPass application in the user’s phone securely to the merchant’s online shopping cart.


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