TSYS: Semi-Integrated Solutions Can Help Your Clients Be EMV-Capable By The Liability Shift
In this Business Solutions podcast, Bill Lodes, director of development partnerships at TSYS Merchant Solutions, explains semi-integrated EVM solutions. There are two options to achieve EMV certification. One option involves a solutions provider programming EMV-capable transactions into its own software, a process that can take 6 to 8 months. The second option is using a semi-integrated solution that only requires the solutions provider to certify the system to the merchant’s equipment. This can reduce certification time to several weeks, and it significantly reduces costs associated with certification. Lodes says, “From a time, resource, and cost perspective, it’s a great option for June to be ready in October.”
Lodes also comments that the most prevalent struggle among TSYS clients when it comes to EMV is education. To help increase awareness about EMV and the necessity for it, TSYS has developed Data Security & Fraud Prevention resources and an interactive security micro site.
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