If you are a POS developer or reseller wondering what you need to do to be ready for EMV, you have come to the right place. Cayan has been leading the charge for EMV readiness for over 18 months, and the only company that is making it easy for developers to enable their systems to accept EMV. To learn just how easy it can be, read on.
The hardware device, or terminal, is certified to be EMV enabled
The software that controls the device is certified to be EMV enabled
Back end certification with the processor is completed, creating an end-to-end EMV solution.
Follow the path below to learn what you need to do to ensure you and your customers are ready for Level Three EMV certification long before the October deadline.
Cayan Genius is Level 1 certified and as a developer, there is nothing you need to do for the Level One certification.
Whatever payment type the industry considers "the next big thing", Genius is ready today…and already prepared for tomorrow.
Genius is Level Two certified. Now it’s time for POS developers to write to the EMV spec for their POS software that integrates with Genius. Cayan makes this development easy with our online Genius emulator. Start coding today.
With Genius, the EMV spec is light development — you just need to add two receipt fields
If you are not already a Genius-integrated developer, it's easy and can often take only two weeks to certify.
Learn how »
Once your coding and testing is complete, send your EMV spec to Cayan's Genius Certification Team and they will confirm your POS is ready for EMV.
You'll want to choose a few customers to test once we confirm your EMV spec. If you need some help in how to choose the right test customer, just let us know.
In August, Cayan will finalize its back-end certification with our processors. This will certify our Level 3 EMV status. Genius-integrated POS developers, and their customers, will be able to seamlessly start accepting EMV payments on their POS.
Once Level 3 Certification is confirmed, Cayan's Genius Certification Team will contact you directly.
Not Genius certified? Find out how easy it can be
The US is one of last countries to adopt EMV and represents 47% of the local fraudulent transactions globally, but only 23% of the overall transactions.
Up to 78% of all counterfeit card fraud is carried out by countries that have not transitioned to EMV.
There are an estimated 2.36 billion EMV cards worldwide and 37 million EMV terminals.
$8.6 billion is the estimated total cost of annual fraud in the US (0.4% of the $2.1 trillion card payment industry)