AISCES Launches EMV Level 2 (L2) Kernel Solution for POS, MPOS and MicroATM Products

DELHI, July 3, 2015 /PRNewswire/ --

Payment technology provider AISCES has introduced EMV Level 2 (L2) Kernel solution. EMV (Europay MasterCard Visa), is a technical standard for smart payment cards and for payment terminals which can accept them.

EMV Level 2 specifications defines procedures necessary to effect a payment system transaction in an international interchange environment. EMV Level 2 (L2) Kernel processes chip card data from a payment chip card and it is an important software component of POS, Mobile POS and Micro ATM products.

AISCES Level 2 (L2) Kernel solution can be used by POS, MPOS and MicroATM manufacturing companies to provide an effective product solution for the Indian market.

"India is seeing a growth in Mobile POS market with Prime Minister Narendra Modi's Financial Inclusion and Micro ATM program. AISCES cost effective secure EMV Level 2 (L2) Kernel solution will help POS, MPOS and MicroATM manufacturers reduce development costs and reduce time to market for product releases," said Anuj Pachoree, CEO of AISCES.

AISCES is one of the few companies in India providing EMV Level 2 (L2) Kernel solution. Most of the POS, MPOS companies in India till now had been using imported EMV Kernel stack solutions. Now with AISCES EMV Level 2 (L2) Kernel launch, Indian POS companies can find an effective secure EMV Level 2 solution in India.

About AISCES: 

AISCES is a payment technology company which provides EMV Kernels, Host Card Emulation and Tokenization solutions for mobile payments market. AISCES is founded by alumni of IIT BHU and IIM Bangalore. AISCES management team has more than 15 year experience in technology industry. AISCES has development centre in Noida.

Media Contact:
Anuj Pachoree
[email protected]
+91-8586835616
Director
Aisces Software Solutions Pvt. Ltd.