Canada's Everlink Adopts SmartSoft's Innovative Palmaris™ EMV Based Instant Card Issuance Products

New Card Issuance Solutions Allow Banks and Credit Unions to instantly and Securely Offer EMV Chip Cards to Customers in 60 Seconds - Right in the Branch

Canada's Sunova Credit Union First to Adopt EMV Chip and Pin Instant Card Issuance Technology

News provided by

SmartSoft

Apr 12, 2011, 08:45 ET

TORONTO and PORTLAND, Ore., April 12, 2011 /PRNewswire/ -- SmartSoft, a leading provider of card payment and instant card issuance solutions to the global payment and banking industry announced today that one of Canada's premier payment industry providers, Everlink Payment Services, Inc. has teamed with SmartSoft to begin providing EMV based chip and pin instant card issuance solutions to Canada's banks and credit unions. Everlink is licensing SmartSoft award-winning Palmaris™ instant card issuance products. The Sunova Credit Union today became the first Credit Union in Canada to adopt the new EMV chip cards, which can be quickly and securely issued in the branch in under 60 seconds.

SmartSoft Palmaris™ product family is an award-winning instant and central card issuance system with a strong track record in Europe, Africa and the Middle East where it has been successfully installed with top banks and financial providers. It is renowned as one of the most secure, robust, feature rich and cost effective instant issuance solutions on the market today.

"Everlink is a phenomenal partner with a stellar reputation and service," noted Gregg Smith, Director of Sales and Marketing for SmartSoft in North America. "This is an exciting milestone for our company as we rapidly grow our presence in Canada and the US. Palmaris™ is a winning solution for North American banks and credit unions because it is a unique turnkey solution that supports both EMV and non-EMV applications and can quickly personalize cards in 60 seconds. It also supports contactless technology, MasterCard, PayPass, and VISA."

The security, management and quality control features of Palmaris'™ Instant Issuance System are unmatched, supporting the latest technologies in EMV such as PayPass, PayWave, and Near Field Communication (NFC). Dual works quality control tools (Instant PVS, Instant Quality), prevent the issuance of defective personalized cards to cardholders – a major cost saving and customer service benefit for banks and credit unions."

For Everlink, the alignment of SmartSoft instant issuance technology with its industry leading integrated payment solutions fits with the company's goal to enable banks and credit unions to deliver an unrivaled instant card issuance and personalization service to new and existing cardholders right from the local branch. Everlink's instant card issuance server is hosted and managed exclusively by Everlink. The company continues to expand its offering into the Canadian credit union and banking industry where its market share has grown substantially. For example, today the company's products and services are delivered to more than 330 credit unions, 30 schedule I, II and III banks, 4 major Group Processors, and a fast expanding number of POS and ATM ISOs.

About SmartSoft

SmartSoft provides secure, innovative payment solutions to the global payment and card issuance industry. The company offers financial organizations and payment companies a comprehensive range of products, including EMV solutions and training, pre-paid cards, payment processing, e-banking, NFC mobile payment solutions, fraud solutions and decision management, integrated testing products, terminal/card kernel, and loyalty solutions. The company has been approved, recommended and awarded by renowned institutions such as EPCA, MasterCard, VISA, EMVCo, MULTOS, SESAMES and ISO. All of SmartSoft USA's products are developed in compliance with International Card Specifications EMVCo, VISA, MasterCard, EPCA and MULTOS. Based in Istanbul, the company's North America headquarters is in New York City with sales and technical support centers in Toronto, Canada and Portland, OR. It has extensive operations throughout Africa, Asia, Europe, and the Middle East. Visit www.SmartSoft-it.com.

About Everlink Payment Services, Inc.

Everlink Payment Services, Inc. is a leader in the delivery of feature-rich and reliable Electronic Transaction Switching, ATM and POS solutions to a Canadian Financial Services industry with diverse business and technical requirements. Everlink is also a leading expert in EMV Chip Technologies and capabilities. With the emergence of EMV Chip, Everlink is well positioned to connect you to the future TODAY.

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SOURCE SmartSoft