ALPHARETTA, GA, Nov. 12, 2015 /CNW/ - B2 Payment Solutions Inc. (B2) and Underwriters Laboratory's (UL) announced today that Chase Commerce Solutions purchased an additional EMV certification solution to help businesses streamline the certification process to accept chip credit and debit cards at the point of sale.
The "Chase Payment" module, which works with UL's existing Brand Test Tool solution, was specially designed for Chase so that their large and midsized business clients can test and pre-certify their end-to-end EMV solution prior to certification," says Sherif Samy the Commercial Director of UL's Transaction Security Division. The module saves time, reduces inefficiencies and combines documentation, support services and tools.
"In partnering with UL, B2 can apply our EMV, contactless and training experience, to assist Chase in delivering a world-class solution to customers," said Bruce Murray, president of B2 Payment Solutions Inc., which distributes and support UL products and solutions in North America.
"The Chase Payment module will complement UL's Brand Test solution that we've used for six years and provide both our business clients and developers a comprehensive testing tool to migrate to EMV," said Mitchell Scott, an executive director of Chase Commerce Solutions, the global payment processing and merchant acquiring business of JPMorgan Chase & Co. "In addition, the EMV Implementation Guide we developed with B2 and UL will provide our partners with critical information required to implement their EMV migration projects with us."
Businesses interested in the Chase Payment module can call Chase at (888) 818-5128 or email [email protected]
About B2 Payment Solutions Inc.
B2's headquarters are located in Toronto, Canada with its USA office in Alpharetta, GA. B2 provides best-in-class products and services for the payment industry. B2's extensive suite of EMV solutions and services enables B2 to lead our customers into the next generation of smart and secure payment solutions. By utilizing B2's services together with world-class technologies provided by B2's strategic partners, B2 delivers innovative and award-winning solutions to our customers. B2 brings extensive hands-on expertise and service excellence to meet the demanding business and technology needs of our customers. For more information about B2 please visit us at www.b2ps.com.
UL's Transaction Security division is part of UL and guides companies within the mobile, payments and transit domains through the complex world of electronic transactions. UL is the global leader in ensuring security, compliance and global interoperability. Offering advice, testing and certification services, security evaluations and test tools throughout the full product development life cycle and when implementing new technologies. UL pro-actively collaborates with industry leaders to define robust standards and policies, serving you locally whilst acting globally. UL has accreditations from many industry bodies including Visa, MasterCard, Discover, JCB, American Express, EMVCo, PCI, GCF, GlobalPlatform, NFC Forum and many others. For more information, go to www.ul-ts.com.
About Chase Commerce Solutions
Commerce Solutions, the global payment processing and merchant acquiring business of JPMorgan Chase & Co. (NYSE: JPM), is a leading provider of payment, fraud and data security, capable of authorising transactions in more than 120 currencies. The business' proprietary platforms provide integrated commerce solutions for all major credit and debit card payments as well as mobile payments. In 2014, Commerce Solutions processed 38.1 billion transactions with a value of $847.9 billion, and in March 2015, was ranked as the No. 1 wholly owned U.S. Merchant Acquirer by The Nilson Report.
SOURCE B2 Processing Solutions Inc.
For further information: Bruce Murray, B2 Payment Solutions, +1.416.730.9827, [email protected]; Jenny Hoekstra, UL, +31 71 581 3636, [email protected]; Edward J. Kozmor, Chase, (302) 282-7170, [email protected]