FIME and Barnes International have announced that their jointly developed personalization validation tool has been qualified against the latest Mastercard PVT requirements, version 10.1.
FIME believes that the PVT significantly accelerates the certification and launch of secure chip products, for issuers, card manufacturers and personalization bureaus, the company said in a press release. These products include contact, contactless and dual-interface EMV cards, as well as near field communication and contactless-enabled solutions such as smartphones and wearable devices.
“EMV migration continues to accelerate worldwide, driven by increasing demand for advanced mobile and contactless payment solutions,” Guillaume Labendzki, FIME vice president of marketing, said in the release. “In my opinion, the qualification of our PersevalPro tool against Mastercard PVT Requirements allows issuers to ensure their product is compliant throughout the development process. This paves the way for a smooth, cost-effective route to market for their solutions.”
Source: ATM Marketplace