Bristol researchers work to secure next generation chip-card payment technology
Tuesday, November 5, 2013 - 07:30
in Mathematics & Economics
Current chip technology used for purchasing items via credit and debit cards in shops was developed in the mid-1990s. EMVCo, the standard body which manages, maintains and advances EMV Specifications, is in the process of designing the next generation payment technology to meet long-term industry requirements. The activity will establish a common, robust technology platform for supporting contact and contactless/mobile interfaces for both online and offline transactions.