the journey to emv migration


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THE JOURNEY TO EMV MIGRATION

EMV OC TOBER

2015

C A RD ISSUER

U.S. CREDIT CARD FRAUD IN 2013:

$11,000,000,000* C. MCWILTON,

Pres. North America MasterCard

“MASTERCARD WILL BE KEEPING ITS 2015 LIABILITY SHIFT DATES IN PLACE”

Less than

5%

of U.S. credit and debit cards are chip ready (Jan 2014).

THE 5 STEP JOURNEY TO EMV MIGRATION But is there an easier way?

1

SELECT PINPAD AND CREATE A RELIABLE AND ROBUST DRIVER TIME FRAME: 3 MONTHS

UPDATE PROCESSOR INTERFACE

ISVs will often have interfaces to their processor partners, each interface will need to be updated to support EMV.

3

TIME FRAME: 6 MONTHS

!

This may take longer as the October 2015 deadline approaches, processors will be inundated with support requests.

COMPLETE M-TIP/ ADVT/AEIPS/DPAS CERTIFICATIONS TIME FRAME: 3+ MONTHS

!

In mature EMV markets like the UK it takes 10-16 weeks per certification.

Maintaining the correct CA Public K eys is critica l to the crypto graphic operations o f EMV.

Next comes the complex and time-consuming task of end-to-end testing and certification. Each PINpad and processor combination requires various layers of brand certification.

DEVELOP TERMINAL MANAGEMENT SYSTEM TIME FRAME: 3 MONTHS

!

5

4

Certification of the core EMV software will expire every three years and all EMV-enabled solutions will require frequent configuration updates.

CERTIFY FOR PCI P2PE TIME FRAME: 6 MONTHS

!

2

Finally y ou will need to ensure solutions meet ca rd data pro tection requirem ents.

Most PINpads provide the basic funtionality to support P2PE but to implement it fully requires extensive knowledge of the PCI P2PE standard and how it is applied to transactions.

ALTERNATIVELY, YOU CAN CHOOSE A PRE-CERTIFIED EMV-READY SOLUTION Be ready for October 2015 without the expensive, complicated and time-consuming processor certifications and with strong transaction security and cardholder data protection.

Creditcall’s simple and cost effective EMV-ready solution ChipDNA adds EMV transaction processing to Windows or Linux-based POS systems.

Creditcall, 14 years experience of removing the complexities of EMV Migration For more information on ChipDNA, visit www.creditcall.com/ChipDNA DOWNLOAD WHITE PAPER *2014 Identity Fraud Report from Javelin Strategy & Research