The new products comply with all MasterCard requirements and Durbin specifications for U.S. debit cards, the company says.
March 11, 2015
CPI Card Group, a provider of EMV chip card production and related services, has announced a new product line that supports MasterCard best practices for EMV debit card issuers in the United States, a CPI press release said.
"As the U.S. market migration to EMV continues to gain pace, we are confident that this additional product line for MasterCard Debit will enable our customers to migrate their portfolios in a timely manner and ahead of the liability shift date later this year," said Steve Montross, president and CEO of CPI Card Group.
The new products comply with all MasterCard requirements and Durbin specifications for U.S. debit cards, which includes full data sharing across multiple applications in order to provide merchants with debit transaction routing options.
CPI provides contact and dual interface EMV solutions for debit and credit running on Java, Multos or Native operating systems, the release said.