AnywhereCommerce Achieves EMV L2 Approval for Mobile Chip and PIN Solution

PALO ALTO, Calif., Feb. 19, 2013 /PRNewswire/ -- AnywhereCommerce a global leader in mobile payments, today announced that it has achieved EMV L2 certification from EMVCo.  The L2 EMVCo Terminal Type Approval addresses the conformance of the terminal resident application software in whole or in part that supports the required and optional EMV specification functionality.  This achievement will complement AnywhereCommerce's 'Nomad' class of product which has already achieved PCI PTS 3.x and EMVCo L1 approval.    Nomad works on Apples iOS, Android, BlackBerry and Windows Mobile with audio-jack, Bluetooth or USB interfaces.

'With the current mandates for EMV from the card networks, PCI and EMVCo, Nomad is the right product at the right time' stated Mitchell Cobrin, CEO of AnywhereCommerce. 'Nomad has a true global market appeal and will support NFC to make it a true 'Swiss Army knife' for mobile POS'.  

Merchants who adopt chip and PIN payments enjoy the benefits of fraud reduction, liability shift and lower interchange.  The card networks have mandated EMV in the US by October 2015 and most countries around the world are promoting Chip and PIN as the defacto standard for payments acceptance for both brick and mortar and mobile transactions.

Recognized as 'best of breed' in mobile payments innovation, AnywhereCommerce, offers a full bundle comprising of mobile POS devices, software apps and a globally gateway.  This suite sets the stage for banks, acquirers and merchants to introduce new retail experiences, with the most advance method for secure payments on the go.

AnywhereCommerce currently sells to many of the top 20 merchant acquirers domestically and has global partners delivering Nomad in Q2.

About AnywhereCommerce

AnywhereCommerce is a global payments technology engineering and solutions provider with a stable of IP including the defacto audio-jack patents.  AnywhereCommerce offers a proprietary suite of hardware, software and gateway solutions for secure online and mobile; card-present credit card, PIN debit, Chip and PIN- EMV and NFC transactions. The universal "aCommerce" platform designed for iOS, Android, Blackberry and Windows Mobile, provides white label and customized application services for, retail line-busting as well as traditional field services. Our PCI and EMVCo approved devices and bank grade secure end–to-end ecosystem provides greater security, reliability, convenience and return on investment for consumers, merchants, networks, issuers and acquirers.

For further information: call Michael Kron, SVP, AnywhereCommerce 888-646-7779 x 109 or visit www.AnywhereCommerce.com

SOURCE AnywhereCommerce



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