Payworks achieves U.S. EMV Quick Chip certification with First Data Rapid Connect

by PaymentsJournal 0

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ATLANTA, 25-04-17 – Payworks,a global payment gateway and EMV technology platform with integrated POSsolutions, announced today their new EMV certification with First Data, aleading payment processor in the U.S.

Payworks has successfullycompleted EMV certification with First Data Rapid Connect. Through thiscertification, First Data vendors and merchants can provide EMV Quick Chip, EMVChip + PIN and EMV Debit transactions. Additionally, all major credit cardschemes including Visa, MasterCard, American Express, Discover, Diners and JCBhave been certified to ensure a common payment experience regardless of cardtype.

Integrated Software Vendors,Independent Sales Organizations and Value Added Resellers working with FirstData will now have access to the next generation payment gateway technologyfrom Payworks and as an added bonus, access to EMV Quick Chip without anadditional integration. With EMV migration rates dropping, Quick Chip is theperfect solution for solving the longer transaction times caused by EMV.Through Quick Chip, transaction speeds are cut from 15 seconds to 2 seconds andin some cases even less.

Payworks’ payment gatewaytechnology provides developers of Point of Sale solutions an easily accessibletechnology with pre-certified software and hardware allowing for paymentacceptance via a quick and easy implementation. Through this new certificationand with years-long EMV card acceptance experience, Payworks looks to helpdrive the EMV transition in the U.S.

“Our partnership with First Data,which comes on the heels of our TSYS EMV certification, represents asignificant step forward in making payment acceptance accessible toinnovators,” says Michael Doron, Managing Director of Payworks Inc. “There’sstill a long way to go until we see 100% EMV migration, but our aim at Payworksis to show how easy the transition can be when you have access to the righttechnology.“

About Payworks:

Payworks (www.payworks.com) provides a next generationPoint of Sale payment gateway technology. With Payworks’ technology developersof Point of Sale solutions for merchants can quickly and cost-efficientlyintegrate card payment functionality into their applications, and securelyprocess EMV, contactless and mobile wallet transactions at the Point of Sale.With U.S. headquarters in New York, and offices in Germany, the U.K., andSpain, Payworks provides its technology to leading acquirers and paymentproviders globally.