News

Mosaic's Postilion platform is EMV compliant

December 10, 2001

DEERFIELD BEACH, Fla. -- Mosaic Software has updated its software so that its Postilion platform is now EMV compliant. According to a news release, Postilion EMV Gateway was developed to handle all the processing requirements for customer transactions originated with an EMV chip card.

EMV Gateway has been successfully implemented in Europe well ahead of the compliance dates mandated by Visa, according to the release.

EMV is the specification, jointly developed by Europay, MasterCard and Visa for the interoperability of smart cards and terminals equipped with smart card readers for debit and credit schemes, regardless of the card manufacturer, issuer or location of the EMV terminal.

Essentially, Postilion EMV Gateway processes transactions on behalf of an organization's existing system. Traditional magnetic-stripe messages continue to be routed to the incumbent system -- while EMV transactions are intercepted and switched directly to the appropriate networks.

According to the release, this architecture provides for the ability to support EMV transactions without the need to make changes to existing authorization host systems. In addition, Postilion EMV Gateway processes the EMV security data using a hardware security module (HSM) prior to switching the message to the existing processor. Like other versions of Postilion, EMV Gateway also integrates with emerging technologies such as WAP-enabled mobile phones and the Internet, allowing for multi-channel generic payment solutions.