TORONTO--(BUSINESS WIRE)--AJB Software Design Inc., a leader in integrated payment solutions, today announced that it has successfully implemented chip+PIN secured payment cards for all of J.Crew’s store locations throughout Canada. AJB provides an efficient, cost-effective process for merchants to migrate to EMV. AJB has extensive expertise with EMV, having completed numerous large-scale EMV chip+PIN integrations with merchants throughout Canada and the United Kingdom. AJB will be exhibiting at the 2014 NRF Big Show (booth# 1561).
AJB’s FIPay (Flexible Integrated Payments) software enables merchants to accept EMV transactions; which can result in fewer disputed charges, lower levels of fraud, while providing global interoperability. According to The Aite Group, card fraud cost the US. Card payments industry an estimated $8.6 Billion per year, in 2010. And the Nilson Report expects that figure to increase to $10 billion by 2015.
“AJB has a proven, seamless process for deploying EMV solutions for merchants like J.Crew,” said Pat Polillo, VP Sales & Marketing at AJB. “With next year’s EMV liability shift deadline approaching, merchants can leverage AJB’s experience in Canada and the UK to simplify EMV implementation for their U.S. store locations.”
AJB’s FIPay solution provides merchants with the ability to process an EMV transaction. FIPay speeds up the payment authorization process, enabling merchants to connect store locations, banks and other required points of sale components. AJB’s FIPay software is PA-DSS validated with EMV transactions, simplifying the compliance effort for merchants to verify that their payment processing meets PCI and EMV security requirements. FIPay easily integrates into existing systems and is the foundation for quickly enabling EMV transactions on hardware already located at merchant locations.
About AJB Software Design Inc.
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 is a leading provider of payment integration software solutions, with over twenty percent of North America’s Top 100 retailers and over 10 percent of the top global retailers by sales volume, relying on AJB products and solutions. 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 or email firstname.lastname@example.org.
About J. Crew
J.Crew Group, Inc. is a nationally recognized multi-channel retailer of women's, men's and children's apparel, shoes and accessories. As of November 26, 2013, the Company operates 329 retail stores (including 256 J.Crew retail stores, 8 crewcuts stores and 65 Madewell stores), the J.Crew catalog, jcrew.com, jcrewfactory.com, the Madewell catalog, madewell.com and 121 factory outlet stores. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website http://www.jcrew.com/.