Fiserv Adds Visa To EMV Debit Agreements

By  |  March 18, 2014
 | 

Less than a week after striking a similar agreement with MasterCard, Fiserv on March 17 announced an agreement to make Visa’s common debit EMV solution available for the Accel debit network.

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    Under the agreement, Fiserv will adopt Visa’s common debit solution, offering issuers, acquirers and merchants a streamlined approach for debit EMV adoption.

    The agreement will help enable the development of regulation-compliant debit EMV solutions using a common application identifier. The AID will facilitate U.S. debit transactions from any debit network that licenses the Visa common AID solution and is enabled on a Visa card, Fiserv said.

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