Brussels, 30 September 2009 - Integri, a Clear2Pay company and leading provider of expertise and test tools for payment, ticketing and mobile applications, today announces it has been selected by EMVCo, the EMV standards body jointly owned by American Express, JCB, MasterCard and Visa, to build a solution for the Level 2 validation of payment terminal test tools. This so-called 'tool of tools' has recently been delivered.
Since the introduction of chip-based payments, EMVCo has undertaken significant work to ensure that payment systems around the world are compliant to the EMV specifications. Payment terminal kernels are only considered conformant after the submission to EMVCo of the test results performed by an EMVCo accredited test laboratory. These labs use qualified test tools for their approval process.
Integri was selected to develop the essential test solution to qualify payment terminal kernel test tools. The test solution is used as a reference tool against which all terminal kernel Level 2 test tools are benchmarked during their qualification process. Additionally, when issuing new EMV specification updates, EMVCo will use the Integri tool to validate tool updates.
According to Jan De Meester, CEO at Integri: "Building a test tool that is used to qualify competing companies' tools is quite a unique achievement and exemplifies the fact that we are a reference provider. We are obviously very pleased to work with an organization such as EMVCo and support them to facilitate the card-based payment industry."
About Integri
Integri specialises in test tools and expertise for payment, ticketing and mobile applications. The company offers a number of dedicated platforms for specific applications, each with a number of Off-the-Shelf Test Suites. These test suites are fully prepared solutions that include simulation and test scripts and are based on international open standards. Integri's expert centre assists companies worldwide with professional services within the various areas of the payment industry. Integri employs 45 staff, has +150 customers and sold +3000 licenses in 35 countries since its inception in 1992. The company is located in Belgium and France. Integri's clients are mainly financial institutions, smartcard manufacturers, terminal manufacturers, ticketing operators, mobile operators and system integrators active in e- or m-business.
Integri is a subsidiary of Clear2Pay, an international financial technology company focused on delivering globally applicable solutions for secure, payments technology, systems and consultancy. Clear2Pay operates from 14 international offices and currently employs over 400 staff. Integri is part of Clear2Pay's Card Division which covers other card payment related solutions and services such as e-commerce solutions and chargeback software.
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Integri media contact:
Steve Lacourt
Phone: +32 2 717 69 00
E-mail: slacourt@integri.com
