News

Paragon earns MasterCard EMV accreditation

August 1, 2013

Paragon Application Systems, an independent provider of ePayment testing solutions, has announced that it has completed the MasterCard Third-Party Accreditation Program. Accreditation affirms that Paragon has the knowledge and expertise to provide EMV guidance to FIs that are preparing to implement the technology.

MasterCard developed the Third-Party Accreditation Program purposely to help financial institutions identify suppliers with the proven ability to support their migration to contact and contactless EMV programs. Participants receive intensive EMV training from MasterCard and also have their in-house EMV training materials reviewed and approved by MasterCard.

"We are very pleased to be the first US-based company to have earned this formal accreditation from MasterCard," said Paragon president Gary Kirk. "It not only reflects the high level of knowledge and expertise of our staff, but also confirms our commitment to continue to be a trusted partner for financial institutions as they migrate to chip. The combination of this expertise with our industry-leading solutions uniquely positions us to fulfill that role."

Read more about EMV.