ALPHARETTA, GA, Dec. 11, 2015 /CNW/ - B2 Payment Systems Inc. (B2) today announced that it has signed an agreement with Paragon Application Systems (Paragon) to allow Paragon to offer the UL Brand Test Tool to their ATM and financial customers for EMV contact and contactless testing and certification.
Paragon is the leading provider of ATM testing and verification solutions to financial institutions worldwide. Paragon solutions provide a cloud-based platform enabling globally deployed resources to perform complete, automated, ATM testing. Paragon VirtualATM offers a platform for in-depth ATM and XFS device testing without standing in front of the real ATM. Paragon Web FASTest directs user access to the virtual ATM estate and provides an automation vehicle for comprehensive, unattended ATM regression testing.
B2 exclusively distributes and supports the UL suite of payment test tools in the North American market, which includes the market leading UL Brand Test Tool. The UL payment test tool products are developed by UL.
"We are delighted to enter into partnership with B2 to offer customers the ability to conduct complete end-to-end automated testing of their ATM channel, starting with EMV card and contactless certification through host processing," said Jim Perry, CEO of Paragon. "B2 has established a strong reputation in the EMV channel through their expertise and partnership with UL. Combining B2's expertise and the UL Brand Test Tool with Paragon's market-leading ATM end-to-end testing solutions will create the most comprehensive offering in the market while streamlining the testing process for organizations migrating to EMV."
"B2 and Paragon have had an informal relationship for several years and we are very excited to finally formalize this relationship and to leverage Paragon's deep knowledge and reputation in the ATM industry. With B2's extensive EMV experience providing training, test tools and technical consultancy, along with our UL partnership, B2 enhances Paragon's portfolio of products to deliver a world class EMV implementation suite that will assist Paragon's customers to successfully complete their EMV and contactless migration projects." said Bruce Murray, President of B2 Payment Solutions Inc.
About B2 Payment Solutions
B2 Payment Solutions provides best-in-class products and services for the payment industry. B2's extensive suite of EMV solutions and services enables B2 to lead their 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 their customers. B2 brings extensive hands-on expertise and service excellence to meet the demanding business and technology needs of their customers. For more information, please visit B2 at www.b2ps.com.
About Paragon Application Systems
Paragon Application Systems is the leading independent provider of ePayment simulation, configuration and testing software solutions to the financial industry. More than 600 financial institutions in over 90 countries use Paragon tools to improve quality and reduce time-to-market. Paragon's broad customer base includes major interchanges, processors, leading software providers, banks and credit unions. Visit Paragon Application Systems at www.paragonedge.com
About UL's Transaction Security services
UL's Transaction Security division 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, test and certification services, security evaluations and test tools, during the full life cycle of your product development process or the implementation of new technologies. UL's people pro-actively collaborate with industry players to define robust standards and policies. Serving you locally whilst acting globally. UL is recognized by leading industry bodies including Visa, MasterCard, Discover, JCB, American Express, EMVCo, PCI, GCF, GlobalPlatform, NFC Forum and many others. For more information, go to ul-ts.com
UL is a premier global independent safety science company that has championed progress for 120 years. Its more than 11,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advance and meet ever-evolving safety needs. We partner with businesses, manufacturers, trade associations and international regulatory authorities to bring solutions to a more complex global supply chain. For more information about our certification, testing, inspection, advisory and education services, visit www.ul.com
SOURCE B2 Processing Solutions Inc.