In a recent notification, Visa has announced a change in the PayWave approval policy for contactless acceptance devices.
Starting November 1, 2018, contactless terminals passing PayWave certification will be granted a four-year period Approval Letter.
This new validity period of PayWave certified products will allow terminal providers to better manage their product certification cycles, in line with EMV Contactless Level 1 approval.
Visit Visa Technology Partner website to obtain further information or contact Visa Approval Services.
Visit EMVCo website for more information on EMV technology and specifications : www.emvco.com
The development of a contactless payment terminal is not an easy task. From antenna design, to EMV® CL1 stack implementation, debug sessions and approval process, terminal manufacturers must face several challenges.
Moreover, additional requirements from international standards to increase interoperability imply new testing process. Contactless cards and mobiles can now be used to perform additional tests. Documents on Interoperability testing and requirements can be found on EMVCo website.
Read our latest newsletter to have an overview of the maze and find the way out of it :
Newsletter – Issue 12 – Best practice – the steps to EMV contactless level 1 approval