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Pivotal Payments announces EMV certification for its FlexPoint® integrated payment processing platform

FlexPoint provides POS developers and resellers with powerful EMV certified integrated payment solutions

PLANO, TX, October 28, 2015 – Pivotal Payments, a leading provider of technology-driven global payment processing solutions, today announces it has certified FlexPoint®, its proprietary integrated payments platform, with Visa, MasterCard and American Express card networks, becoming one of the few card processors in North America to achieve this coveted designation. FlexPoint's point-of-sale (POS) terminal hardware and software combination now offers the highest level of security available to protect against card-present data fraud.

EMV is a global standard for credit and debit card processing that promotes better security by embedding a "smart chip" into payment cards. The encrypted chip secures transactions and makes cards extremely difficult to hack or clone. October 1, 2015 marked the liability shift for EMV in the United States. Now, liability for counterfeit fraud transactions in card-present environments has shifted from financial institutions to the party who has not enabled a compliant solution if fraud would have been avoided using EMV. FlexPoint's EMV certification ensures that the payment terminal and POS software are able to process payment transactions in accordance with each card brand's specifications.

Certifying for EMV is a long, arduous process, coupled with high resource and monetary costs. FlexPoint eases the burden of certification for Integrated Software Vendors (ISVs) and Value-Added Resellers (VARs), delivering an out of scope solution for integration and deployment. This can potentially save ISVs and VARs thousands of dollars and months of labor on their own respective certifications. With only a few data fields, they can now be integrated, certified and ready to deploy a complete EMV solution in just days.

FlexPoint's EMV certification presents the following benefits:

  • A single, turnkey platform for EMV and integrated payments combining hardware, software and middleware
  • Provides an immediate response to the October 2015 U.S. liability shift deadline
  • Expands payment capabilities to include EMV pay-at-the-table restaurant solutions
  • Drastically reduces time to market for ISVs and VARs from potentially months to just days
  • Over a half-decade of organizational experience in EMV implementations, with ongoing support provided to developers, resellers and their merchants

"EMV enablement and compliance are critical for ISVs, so we've decided to reduce the complexity of independent certification. While many prominent processors and acquirers are not yet ready for chip cards, FlexPoint is one of the few platforms to offer EMV certified integrated payments," said Joe Lane, senior vice president of FlexPoint, a division of Pivotal Payments. "We've made it an easy, seamless process for point of sale developers and integrators to benefit from our highly customizable platform, so they can more efficiently design, test and rapidly market their payment applications."

About Pivotal Payments

Pivotal Payments is a leading provider of technology-driven global payment processing solutions to the point of sale, B2B and ecommerce industries. Our proprietary solutions include card not present, integrated POS and mobile payments that deliver efficiency and profitability to businesses across all sales channels and platforms. With a focus on security and fueled by continuous investment in research, product development and innovation, we are shaping the future of payments. Our goal is to maximize our clients' revenues and performance by empowering them with safer and smarter transactions. Learn more at http://www.pivotalpayments.com or twitter.com/pivotalpayments.

For further information:

Louis Georgakakis, Marketing Director
514-313-1190 ext. 8001
lgeorgakakis@ppi.me

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