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Moneris Solutions Completes US Visa, MasterCard and American Express EMV Testing Requirements

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CHICAGO and TORONTO, April 30, 2013 /PRNewswire/ - Moneris Solutions ("Moneris"), one of North America's largest credit and debit card processors, announced that it has completed the host testing requirements of VISA ®,  MasterCard ® and American Express ® to support merchant EMV transactions at the point-of-sale in the United States

"At Moneris, we are proud to achieve this important EMV certification, which will provide merchants and consumers with significant benefits related to the convenience and security of payment transactions," said Christine Lee, President, Strategic Partners and Emerging Markets for Moneris Solutions. "While EMV technology is relatively new to the United States, it is in wide use worldwide and has a proven ability to provide added security and convenience to debit and credit card transactions.  We look forward to working with our merchants and partners to bring EMV technology to the point-of-sale in the United States."

"Moneris has had a great deal of experience with EMV technology, having introduced the technology to Canadian merchants over five years ago" said Jeff Guthrie, Chief Sales and Marketing Officer, Moneris Solutions Corporation. "As the leading Canadian payment processor, we are pleased to bring our EMV knowledge and capabilities to the US market and to have received this important certification."

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation ("Moneris") offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

® MONERIS, MONERIS & Design, and MONERIS SOLUTIONS & Design are registered trade-marks of Moneris Solutions Corporation. VISA is a registered trade-mark of Visa International. MASTERCARD is a registered trade-mark of MasterCard International Incorporated. AMERICAN EXPRESS is a registered trade-mark of American Express Company. EMV is a registered trade-mark of EMVCo, LLC. All other marks or registered trade-marks are the property of their respective owners.

SOURCE Moneris Solutions Corporation



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