EMV payment company? EMVCo, which is composed of six member organizations (Visa, MasterCard, Discover, Amex, JCB and UnionPay), manages and defines the specifications for each level and ultimately certifies equipment at just levels 1 and 2. To earn level 3 EMV certification, the equipment must pass tests with each individual card brand. If your business needs to use a payment application specific to your industry, level 3 certification gets a lot more complicated.
EMV cards were never designed to prevent fraud when credit card numbers are stolen and used online (“card-not-present”). However, they were intended to be more secure than fraudulent magnetic stripe cards. Credit card data can be illegally captured at point-of-sale terminals and easily copied onto blank stripe cards with an encoder (see skimming).
EMV vs. Magnetic Stripe Transactions. Unlike magnetic stripe transactions, where typically only the card’s track 2 data containing the card number and expiry date is processed, every chip card transaction contain dozens of pieces of information to be exchanged between the card, the terminal and the acquiring bank or processors host.
Our aim is to help companies to complete EMV Level 2 and Level 3 contact and contactless certification smoothly and in a short time. We use any test tools that the client selected to test cards, terminals, hosts, and payment networks. We provide payment testing & certification services to assist stakeholders. We help your team to give real-time answers to technical, and non-technical EMV questions and subjects. See even more info on EMV Level 2 testing and certifications services.