EMVcompliant
EMVcompliant refers to devices or software that conform to the EMVCo specifications for processing payments using chip-based cards and mobile wallets, enabling interoperable card-present transactions worldwide. It denotes that a terminal, payment device, or software aligns with the standardized methods used by major card brands and issuers to authorize and settle transactions.
The EMV standards cover both contact and contactless interfaces and define two major testing levels: Level
Certification is performed by EMVCo-licensed laboratories and the major card networks. A device or payment application
Adopting EMVcompliant solutions improves global acceptance and reduces counterfeit fraud potential. However, EMV compliance is separate