EMV payment firm by Fairbit.com

EMV Level 2 testing and certifications services? Ideally, it’s customer facing and can detect when a chip card is swiped, prompting the customer to insert the card instead. Proper EMV processing protects businesses from bank-initiated chargebacks. Simple enough, right? It’s actually not. Every terminal must go through extensive testing to become EMV certified. Let’s get these levels of EMV certification explained.

EMV cards were never designed to prevent fraud when credit card numbers are stolen and used online (“card-not-present”). However, they were intended to be more secure than fraudulent magnetic stripe cards. Credit card data can be illegally captured at point-of-sale terminals and easily copied onto blank stripe cards with an encoder (see skimming).

This requires the terminal to perform many stages of complex processing, including cryptographic authentication, to successfully complete a transaction. This means that adding support for EMV to existing payment applications can be a daunting task. For more information on the main processing steps required in an EMV transaction, please review this diagram showing a typical EMV Transaction Flow.

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