News

Creditcall partners with Moneris for US EMV acceptance

April 15, 2014

Creditcall claims it has become the first payments gateway provider to support EMV in the U.S. for both attended and unattended retail payments, in a company announcement.

MasterCard and Visa have both stipulated that, after October 2015, liability for the cost of counterfeit card fraud will shift to U.S. acquirers that don't accept EMV cards at POS terminals and kiosks.

U.K.-based Creditcall provides payments gateways for kiosks and other unattended terminals as well as from attended terminals and mobile devices. It is offering EMV acceptance and processing in the U.S. in partnership with North American payment processor Moneris Solutions, which already processes EMV point-of-sale transactions in Canada.

"We are proud to have partnered with Creditcall, bringing EMV capability to their solutions in the attended and unattended retail markets," Chris Lee, Moneris Solutions' president, North American strategic partnerships and emerging markets, said in a statement.

Creditcall has been helping merchants and unattended terminal operators with EMV migration for 10 years in markets including the U.K. and Russia, Jeremy Gumbley, Creditcall's CTO, said in a statement. "Becoming the first EMV-ready payment gateway in the U.S. is validation of our expertise and our position as pioneers at the forefront of EMV migration," he said.

In 2012, Creditcall completed a management buy-out with the backing of Bestport Ventures and fintech investment specialist FF&P Private Equity.

Creditcall showcased U.S. EMV transactions at ETA Transact 2014 in Las Vegas, which took place April 9 and 10. The company demonstrated its ChipDNA EMV migration solution for Windows and Linux on Ingenico and VeriFone PINpads using the Moneris processing platform.