New FIME White Paper: What the U.S. Merchant Community Needs to Know About EMV Chip Implementation

White Paper Offers Merchants and VARs Practical Education and Best Practices for Chip Deployment

Montreal, Quebec, CANADA

SALT LAKE CITY, Feb. 4, 2015 (GLOBE NEWSWIRE) -- SMART CARD ALLIANCE PAYMENTS SUMMIT -- 2015 is expected to be a landmark year of progress for the U.S. migration to EMV chip payments. It is also the year when, starting Oct. 1, the payment brands will start to shift liability for fraudulent transactions to merchants if they haven't upgraded their systems to accept chip cards. While it's probable that the "big box" merchants will be ready, there are millions of mid-sized merchants and value-added resellers (VARs) that are only just starting to learn about chip technology and beginning implementation project plans.

To help this merchant community understand the changes and challenges associated with introducing EMV chip technology to the U.S. and to get started on the right path to chip deployment, payments consultancy FIME has released the white paper, "EMV Chip Migration for U.S. Merchant Community: Implementing Chip in the Complex U.S. Acceptance Environment." It can be downloaded on the FIME website at

"Introducing EMV chip payments in the U.S. is not a simple card technology change. It is a paradigm shift of the payments ecosystem, as chip introduces transaction, processing and system requirements that are fundamentally different from magnetic stripe," said Xavier Giandominici, director of FIME America. "FIME is providing this white paper for the U.S. acceptance community to better understand the complexities around introducing chip, and to offer some best implementation practices for getting a chip-accepting solution to market in as timely and efficient manner as possible."

This white paper provides the merchant community with essential education about the introduction of chip payments in the U.S., including:

  • The fundamental changes that chip technology introduces to the U.S. payments ecosystem
  • How introducing chip affects the payment acceptance infrastructure and current payment acceptance systems
  • The challenges for introducing chip implementation for payment acceptance
  • Opportunities for standardization to reduce implementation, integration, certification and maintenance costs
  • The top chip implementation steps, best practices and considerations

FIME is heavily involved in chip implementation projects for acquirers, merchants and issuers throughout the U.S. The company recently expanded its San Jose headquarters to accommodate the increasing demand for consulting and end-to-end testing services for the U.S. EMV chip migration. For more information on FIME's offerings, visit

The authors of the white paper are Stuart Miller, bank products and services business line manager, FIME and guest expert writer Emmanuel Haydont, partner, Amadis. Today, FIME and Amadis are working together to provide state-of-the-art payment solutions that are developed by experts and validated by an independent third party laboratory.

FIME at the Payments Summit

FIME is exhibiting (booth 103) and speaking this week at the 2015 Smart Card Alliance Payments Summit, being held through Feb. 5 in Salt Lake City. On Wed., Feb. 4 at 1:30 p.m. MT, FIME's Christian Damour will lead a talk on "Security Implications of SE, HCE, and TEE-based Mobile Security." More information on the Payments Summit can be found at

About FIME

FIME is a trusted provider of consulting services, certification and tools. It enables customers to bring seamless card and mobile transactions services to market effectively and confidently using secure chip or cloud-based solutions.

Working with the payment, telecom, transit and identity sectors, FIME is an implementation services partner for customers using contact and contactless EMV, near-field-communication (NFC), trusted service manager (TSM), trusted execution environment (TEE) and host card emulation (HCE) technologies. FIME supports customers from project initiation to completion by advising on technical requirements, consulting on industry regulations certification authority implementation and streamlining testing and certification activity.

With 12 offices around the world, serving more than 3,000 clients in 13 languages, FIME's customers benefit from a combination of global expertise and local knowledge through a single point of contact. FIME's dedicated team uses its expertise to create and actively contribute to the advancement and simplification of certification processes.  Its service capacity also provides resource scalability to adapt to individual customer needs.

FIME currently has operations across America (Canada and the United States), Asia (Japan, South Korea and Taiwan), Europe (France), India and the Middle East (Dubai).

FIME partners with leading payment schemes and industry bodies to provide consultancy and certification services for: American Express, Calypso Networks Association, China UnionPay, Discover, eftpos, EMVCo, EMV Migration Forum, First Data, Global Certification Forum (GCF), GlobalPlatform, GSMA, Interac, JCB, MasterCard, Network for Electronic Transfers (NETS), NFC Forum, National Payments Corporation of India (NPCI), National Standard for Chip Card Specification (NSICC), OSCar Consortium, Softcard and Visa. | Twitter | LinkedIn


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