CardFlight Announces EMV Approval and Certifications via TSYS for Mobile Point-Of-Sale Solution

CardFlight continues to lead the way in deploying mobile EMV chip card solutions in the United States.

NEW YORK [ Press Release] - CardFlight, a leader in mobile point of sale (POS) technology announced that its suite of mobile solutions has been certified by TSYS, a leading global payments provider, to accept EMV "chip card" payments. This will enable merchants who process payments through TSYS to accept EMV payments on iOS and Android devices.

Effective October 1, 2015, merchants who have not upgraded to accept EMV chip card transactions can become liable for counterfeit card fraud losses that occur at their stores with chip-enabled cards. However, just 295,000 merchants, out of 8 million who accept credit card payments in the United States, are enabled for chip card acceptance. CardFlight is one of the first payments tec ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.