EMV Migration

Global Payments Europe has a proven track record with migration projects related to the transfer from magnetic stripe to chip based payment cards. The company possesses all necessary certifications from international card associations, and has acquired a deep knowledge and hands-on experience related to all aspects of the migration process. Global Payments Europe also provides major banks in the Czech Republic with chip migration project management and complex support, including production roll-out. Global Payments Europe´s platform was one of the first on the European market to comply with EMV international standards for chip payment cards:

EMV compatible VISA MasterCard
Authorization centre December 2002 May 2003
POS Acquiring December 2002 May 2003
Clearing + Settlement December 2002 May 2003
Personalization – chip applications December 2002 -
VISA Electron
September 2003 - Embossed cards
June 2003 - Maestro
December 2003 - Embossed cards

Issuing

During the second half of 2002 and at the beginning of 2003 Global Payments Europe started preparation of the migration projects for Komercni banka (Société Générale Groupe) and CSOB (KBC Group). During the course of 2003 – 2005 Global Payments Europe completed migration projects for two other major client banks and more projects are in the pipeline.

Chip card products currently supported by Global Payments Europe are:

  • G&D
  • Gemplus
  • Oberthur
  • Axalto/Schlumberger
  • Austria Card

To date, Global Payments Europe has personalized almost 2 millions EMV cards. According to the client’s needs these cards are equipped with large scale payment, loyalty and identification applications.

Acquiring

EMV conversion of the POS terminal network (more than 9.000 POS terminals) serviced by Global Payments Europe took place in 2003. The project included development, testing, certification and installation of the most modern compatible software.

Currently, Global Payments Europe is upgrading its ATM network for EMV cards with the first upgraded, EMV-compliant ATMs launched in March 2005. The project also includes hardware upgrades and development, testing, certification of compatible software and its installation.

Related Products

Authorization

ATMs

CMS and Back Office Issuing

POS Terminals
Personalization  

 

 
 
 
 
  product sheet pdfEMV Migration
   


   

 
Consumer Fraud Warning: Global Payments Inc. does not guarantee, manage, or participate in cash payments services for a person-to-person transactions