Paynet Upgrades ATM Chip Tech To Meet Kenya’s EMV Deadline

By  |  September 8, 2013
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Paynet Group, a payment solutions company in Kenya, revealed the upgrade of its EMV solution system to help Kenya achieve its EMV switch deadline, reported HumanIPO. The country’s EMV deadline is set for March 2014, and Paynet Group reported that the company has invested $3 million in advanced ATM chip security that aims to fight growing fraud attacks.

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    “We have invested heavily in these technologies and now banks can outsource from us and do their work and forget about the investments in projects for certification for the payment card industry data security standard,” Karimi Ithau, general manager at Paynet Group.

    Read the full story here.

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