Payments processor Vantiv has become the first U.S. acquirer to complete MasterCard EMV testing requirements, the company announced in a press release today.
The certification allows Vantiv to process EMV transactions for MasterCard, Maestro and Cirrus brands at ATMs and point of sale locations.
The liability shift program gives all parties a stake in applying the highest level of security to each transaction,” said Mike Weitzman, group executive, U.S. Markets at MasterCard. “This milestone demonstrates Vantiv’s commitment to ensuring their clients have a seamless experience as the industry goes through this transition. We will continue to work with Vantiv in preparing the groundwork to support smarter transactions today and drive future innovations.”
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