Discover Implements 2013 EMV Mandate in U.S., Canada and Mexico
15 Marzo 2012 - 1:05PM
Business Wire
Discover (NYSE: DFS) today announced it is implementing a 2013
EMV mandate for acquirers and direct-connect merchants in the U.S.,
Canada and Mexico. This industry alignment will streamline
certification and deployment efforts and enable a manageable
transition for all parties involved, including issuers, merchants
and acquirers.
To date, Discover has prioritized its global EMV-deployment
efforts towards markets which are mandated or have significant
chip-card technology presence already. Discover has deployed D-PAS,
the company’s EMV-compliant payment specification, for the past
three years and already has over 1 million cards in market among
international issuers. Deployment efforts continue in 2012, with
close to 100 issuing and acquiring deployments slated across the
Diners Club, PULSE and Discover card networks.
“Enabling EMV in North America is a significant step in
Discover’s approach toward emerging payments, and clearly a
necessary one,” said Troy Bernard, Global Head of Chip Payment
Technology at Discover. “We believe each payment solution should
enable choice and security within its transaction environment,
which is why when it comes to EMV, we’re giving stakeholders choice
and flexibility on how they implement it.”
Discover’s approach to EMV is both universal and choice-centric,
meaning the company will not restrict any channel, verification
process or transaction type. Discover will support:
- All card authentication channels –
including online and offline
- All cardholder verification methods –
including both chip & PIN or chip & Signature
transactions
- All commerce channels – including
contact and contactless (which includes mobile)
Discover’s EMV deployment efforts are already underway
domestically. In January 2012, Discover processed its first U.S.
EMV card transactions at enabled Walmart locations. Walmart is
certified to process D-PAS in both the U.S. and Canada.
To learn more about D-PAS or the Discover 2012 EMV mandate,
please visit www.discovernetworknews.com.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company operates the Discover card, America's cash rewards
pioneer, and offers personal and student loans, online savings
accounts, certificates of deposit and money market accounts through
its Discover Bank subsidiary. Its payment businesses consist of
Discover Network, with millions of merchant and cash access
locations; PULSE, one of the nation's leading ATM/debit networks;
and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discoverfinancial.com.
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