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KAL joins effort to standardize global ATM transaction protocol

June 18, 2013

KAL ATM Software has joined EPASOrg, a European organization that aims to establish a series of global standards for payment cards, including the ATM-to-host message protocol. EPASOrg previously standardized universal protocols for POS terminals and plans to hold its first ATM workgroup meeting on July 9 in Paris.

EPAS Acquirer and TMS specifications are XML-based and built on the ISO20022 standard, which is widely regarded to be the future of financial transaction messaging. EPASOrg and the IFX Forum recently agreed to collaborate in creating this new global standard for ATMs.

According to a news release from KAL, a global standard offers huge opportunities for banks to cut costs by eliminating the need to support multiple protocols across countries.

"Naturally we are delighted to join EPASOrg," said Aravinda Korala, CEO of KAL. "The fact that national regulators from France, Italy and Germany are already represented on the technical committee gives us confidence that this standard will find wide acceptance in Europe, while the collaboration with the IFX Forum will greatly help with North American adoption."

KAL encourages other solution providers and  interested banks to take part in the standards committee by contacting epas@kal.com. 

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KAL ATM Software

KAL is a world-leading provider of multivendor ATM platform, application and management software, specializing in solutions for bank ATMs, self-service kiosks, and bank branch networks.

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