TranSend, a provider of infrastructure software to the payments industry, is pleased to announce that its RevChip payment application has achieved EMV Quick Chip certification with Heartland Payment Systems, a unit of Global Payments, Inc. The certification includes Heartland’s Portico gateway, which is widely used by enterprise software developers.
Quick Chip is a recent enhancement to the EMV security standard. It truncates certain processing steps that are unnecessary in the United States and shortens the “Insert Time” when a chip card occupies the slot of a card reader.
RevChip’s current Insert Time is 2.7 seconds.
Transaction speeds are crucial to U.S. merchants, particularly those operating in the Quick Service and Fast Casual restaurant segments. RevChip’s modern software architecture not only enables fast transactions, but also makes it easy for POS systems to integrate and update EMV readers in a semi-integrated manner.
Among RevChip’s standard features are Quick Chip, NFC Contactless, Tip Adjustment, Pay-at-the-Table, Cash Back, Partial Auth, QSR No Signature, Bar Tab, US Common Debit, Gift Card, Programmatic Batch Close and Store-and-Forward.
EMV need not be a huge expense or a technology hassle. Merchants should be able to preserve their current POS marketing programs and implement chip cards and Apple Pay in just a few days. If you agree, check out RevChip.