TietoEnator's payment card system complies with EMV smart card standard
TietoEnator's payment card system complies with EMV smart card standard The latest development of Transmaster payment card system makes it compatible with EMV smart card standard. The standard specifies a joint technical platform for replacing all Eurocard, MasterCard and Visa cards with smart cards. Using smart cards based on EMV standard will further increase the safety of card payment transactions. At the moment, EMV compatible Transmaster is one of the few new technology payment card solutions in the world available for banks. It is estimated that in Europe most cards will be chip-based