AJB Accelerates EMV Migration for Retailers

TORONTO--(BUSINESS WIRE)--AJB Software Design, Inc., a leader in integrated payment solutions, today announced a new EMV migration path for U.S. Retailers, designed to accelerate EMV implementations, while making it easy for merchants to integrate with emerging Mobile and other point-of-sale (POS) initiatives. AJB has extensive expertise with EMV, having completed numerous large-scale EMV Chip and PIN integrations with merchants throughout Canada and the United Kingdom. AJB’s software enables merchants to accept EMV transactions; resulting in fewer disputed charges, lower chargeback rates and reduced levels of fraud, saving time and money for retailers.

“AJB’s extensive experience with EMV adoption provides merchants with expert knowledge that allows us to implement EMV solutions for our customers in the most effective manner possible”

AJB’s FIPay (Flexible Integrated Payment System) software provides merchants with the ability to enable an EMV transaction. It speeds up the payment authorization process, enabling merchants to connect locations, banks and other required points of sale components. FIPay easily integrates into existing systems and is the foundation for quickly enabling EMV transactions on hardware already located at merchants locations. AJB’s EMV compatible software has been PA-DSS validated with EMV transactions, simplifying the compliance effort for merchants to verify their payment processing meets the PCI & EMV security standards.

“AJB’s extensive experience with EMV adoption provides merchants with expert knowledge that allows us to implement EMV solutions for our customers in the most effective manner possible,” said Pat Polillo, vice president Sales at AJB. “In addition to EMV, AJB’s solutions help customers adapt to the rapidly emerging area of mobile payments, along with the rise of other emerging payment options around the world.”

Initial EMV Migration and Deployment Steps

Find the right financial partner. Stay with a current partner or choose a new one. Ask if there are incentives for early adoption and understand the partner’s readiness to accept EMV.
Choose hardware. Add new hardware or integrate with existing technology. Look at the cost of new payment terminals and the process to get them installed. Some hardware may seem inexpensive but if your existing device has to be replaced, know the associated costs with mounting, installation and key injection.
Choose software. Keep your existing POS vendor or change, and then consider PCI and any modifications that may be required to add encryption, tokenization or make changes to your card deck acceptance for fleet, loyalty, gift and phone card acceptance.

Merchants selecting EMV-compatible software should select PA-DSS validated options, simplifying the compliance effort for merchants to verify that their payment processing meets the PCI and EMV security standards already in place.

As the global EMV migration approaches, retailers need to understand what EMV migration means for their organization. They should focus on the impact of the liability shift on their operation and what continued usage of magnetic stripe cards can do to future fraud numbers.

About AJB Software Design, Inc.

AJB is a leading provider of payment integration software solutions. Twenty percent of North America’s Top 100 retailers and 10 percent of the top global retailers by sales volume, rely on AJB products and services. Founded in 1994, AJB has over 140 global clients, and its software makes it easy to connect the components required for real-time payment processing. AJB enables retailers to quickly comply with new standards and payment types, including mobile, EMV and other emerging forms of payment. In addition, it allows banks and POS vendors to easily integrate their products with retailers, petroleum and convenience stores. AJB simplifies integration with existing systems; solutions are scalable, multi-channel and platform independent. For more information, visit www.ajbsoftware.com.