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Control of EMV Standard

The first version of EMV standard was published in 1995. Now the  standard is defined and managed by the privately owned corporation EMVCo LLC. The current members of EMVCo are JCB International, American Express, MasterCard Worldwide, China UnionPay, Discover Financial Services and Visa, Inc. Each of these organizations owns an equal share of EMVCo and has  representatives in the EMVCo organization and EMVCo working groups.

Recognition of compliance with the EMV standard (i.e., device  certification) is issued by EMVCo following submission of results of  testing performed by an accredited testing house.

EMV Compliance testing has two levels: EMV Level 1, which covers  physical, electrical and transport level interfaces, and EMV Level 2,  which covers payment application selection and credit financial  transaction processing.

After passing common EMVCo tests, the software must be certified by  payment brands to comply with proprietary EMV implementations such as  Visa VSDC, American Express AEIPS, MasterCard MChip, JCB JSmart, or  EMV-compliant implementations of non-EMVCo members such as LINK in the  UK, or Interac in Canada.

The EMVCo standards have been integrated into the broader electronic payment security standards being developed by the Secure POS Vendor Alliance, with a specific effort to develop a common interpretation of EMVCo's  place relative to, and interactions with, other existing security  standards, such as PCI-DSS

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Southernmost POS Systems & Consulting, LLC
a division of
The Whole Nine Yards, LLC

138 East Sandy Circle - Big Pine Key, FL 3304303132
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