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Ingenico Shows More Ingenuity

I ngenico has received EMV Level 2 approval from EMVCo for its countertop range of EFT POS terminals.

Last September, Ingenico was the first company to achieve EMV Level 1 approval for its full terminal range. Then, on April 17, Ingenico confirmed its commitment to EMVCo standards with ascension to Level 2. The EMV (Europay, MasterCard, Visa) standard ensures that smart cards and smart card reading terminals work together to deliver global interoperability and enhanced security.

To be EMV Level 2 certified, Ingenico developed a library of applications, which enables a banking or payment application to be quickly developed and EMV 2 certified. The smart card interface and transaction flow are handled by the library, avoiding any misinterpretation of the EMV standards during customization.

All Ingenico terminals are based on the Ingenico Unicap architecture, which guarantees physical and logical security while enabling complete application portability across Ingenico's range of EFT POS terminals.

EMVCo, formed in February 1999, maintains and enhances the EMV specifications in the most profitable way for financial institutions. A comprehensive terminal type approval process was published to increase the common test area among the three founders of the company.

The terminal Level 1 or Interface Module (IFM) is the part of the terminal that deals with the mechanical, logical and protocol interface of the card and the terminal. The EMVCo terminal Level 2 covers the debit/credit payment application kernel. EMVCo accredits laboratories that will deliver the test services to the vendor community. The resulting EMVCo letter of approval for level 1 and level 2 will open doors for vendors who intend to gain an EMV market share. for more information, visit www.ingenico.com.