WorldPay Gets American Express' EMV Certification

WorldPay has received American Express' EMV payment processing certification, which means the processor is compliant with Amex's requirements for handling chip-card payments.

Processing Content

MasterCard and Visa have already certified WorldPay, which is currently working with Discover to receive that network's EMV certification as well. WorldPay has also partnered with Discover to enable PayPal payments at the point of sale.

"By taking this necessary step toward EMV chip-card acceptance we are strengthening our ability to help customers protect their businessand their customersfrom the potentially devastating effects of card fraud," says Tony Catalfano, president and CEO of WorldPay US, in an Oct. 29 press release.

WorldPay has also contracted with VeriFone to support NFC and EMV capabilities at the point of sale.

John Adams

Executive Editor, Payments

John Adams is executive editor of payments for American Banker. John interviews top executives in the payments, cryptocurrency and fintech... Read full bio

MORE FROM AMERICAN BANKER

Digital payments

How Adyen is putting its banking licenses to work

The fintech rolled out Intelligent Money Movement, a treasury service that combines payments, liquidity management and disbursements as it looks to capitalize on its multiple banking licenses.

By Joey Pizzolato
Reporter

5m ago
Blockchain

Inside FIS' plans to meet banks' interest in digital assets

Most banks are likely not large enough to not support stablecoins and tokenized deposits on their own, creating a new way for legacy IT firms to compete with fintechs.

By John Adams
Executive Editor, Payments

25m ago
Secondary markets

NY Fed: UMBS a key risk in any GSE ownership change

It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts at the Federal Reserve Bank of New York say in a new report.

By Bonnie Sinnock
Capital Markets Editor

39m ago
Bankruptcy

Payments fintech Pepper Pay declares bankruptcy

The payments processing firm recently filed for Chapter 7 bankruptcy with a nearly $3 million disputed charge owed to a subsidiary of Global Payments.

By Melinda Huspen
Tech Reporter

1h ago
Mortgage rates

Iran ceasefire brings brief reprieve for mortgage rates

The 30-year fixed fell to 6.37% after a two-week ceasefire tempered war-driven volatility, but economists warn the spring housing market faces continued turbulence.

By Spencer Lee
Technology Reporter

2h ago
Corporate finance

SMBC plans to build a second US headquarters in Charlotte

The construction plan underscores the Japanese banking giant's intent to remain active in U.S. wholesale banking after selling off American retail and small-business units.

By John Reosti
Reporter

2h ago

	About John
twitter	johnhadams
mailto	john.adams@arizent.com
linkedin	john-adams-83444310