SOURCE: SAGE

Sage

October 02, 2015 09:30 ET

Sage Announces EMV-Ready Payment Processing Platform

ATLANTA, GA--(Marketwired - Oct 2, 2015) - Sage North America, a leading provider of business management software and services to small and medium businesses (SMBs), today announced its Sage Payment Solutions business is EMV (Europay, MasterCard, Visa) ready with an EMV-certified payment processing platform and point-of-sale (POS) terminal options.

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EMV, often referred to as "chip-and-PIN" or "smart cards," is technology affecting how businesses accept payments. With changes in standards taking effect starting yesterday, October 1, SMB merchants will need to manage shifts in liability for fraudulent transactions if they are not EMV-enabled. EMV benefits include more secure credit card transactions; opportunities to support new contact, contactless and mobile terminals; and a reduction in chargebacks.

"While October 1 was an important date for EMV readiness, it was really just a starting point," said Paul Bridgewater, CEO of Sage Payment Solutions, the payments division for Sage North America. "Cardholders are continuing to receive their chip-enabled credit cards, while businesses are actively investing in their payment environments to support the required changes. That said, achieving EMV certification is a major step forward, and Sage will be certifying additional hardware in order to offer our SMB customers, business and integration partners a full suite of EMV-capable solutions."

Sage Payment Solutions provides complete and secure payment options for businesses to get paid, make payments and manage money seamlessly. Included in the Sage EMV certification is a new application program interface (API) and PAX s300 keypad.

The new API and associated documentation are available to Sage independent software vendor (ISV) partners and can be accessed by visiting: https://www.sagepayments.net/developer/

To learn more about EMV and the EMV solutions from Sage Payment Solutions, please visit: http://www.sagepaymentsemv.com

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