TSYS and Ingenico Group to Offer New Semi-Integrated EMV Solution
Eliminates sensitive data from the POS to streamline EMV certification
Columbus, Ga., Oct 26, 2015 — TSYS TSS, -0.21% 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 (VARs) and Integrated Software Vendors (ISVs) 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 (POS) 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 Encryption [SM] , 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.”
At TSYS [®] TSS, -0.21% we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments [®] . By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend [®] , A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, visit us at www.tsys.com.
About Ingenico Group
Ingenico Group is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world’s largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world’s best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise. Learn more at www.ingenico.com or twitter.com/ingenico.
TSYS Media Relations
Cyle Mims, +1-706-644-3110
TSYS Investor Relations
Shawn Roberts, +1-706-644-6081
Ingenico Group North America
Kaitlin Ambrogio, +1-857-254-2413