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Industry News

New product aims to help companies comply with Canadian payment processing standards

By Pivotal Payments

23/03/2011 - In an effort to help retailers performing EMV Chip and PIN card transactions comply with new standards by March 31, 2011, one company is offering a product that will integrate payment solutions with point-of-sale software.

YESpay recently stated that it would help retailers follow the deadlines to make sure that they were complying with the mandate that forces increased security measures and makes sure payments are compatible on a global scale. With the release of its EMBOSS payment solutions, the fully PCI-DSS certified and EMV accredited service will allow business owners to seamlessly integrate all necessary components quickly.

"Integration takes less than four weeks, and POS vendors use YESpay's free toolkit and support to perform this comprehensive yet simple integration," the firm said in a release. "YESpay's EMBOSS payment solution relieves merchants from deploying and maintaining an expensive in-house payment solution as well as undergoing formal lengthy end-to-end EMV bank testing and managing PCI-DSS compliance."

YESpay made other headlines by touting additional payment solution services at the beginning of the month. The EasyV-Gift Card gives retailers ways to solve issues related to these cards when they are being used in person or online.

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