MARKHAM, ON, June 18, 2012 – Everlink Payment Services Inc., a leading provider of Integrated Payment Solutions & Services for Credit Unions, Banks and ISOs in Canada, is pleased to announce that its industry leading and award winning Instant Card Issuance (ICI) solution has achieved another innovation milestone by successfully adding a payment application to a certified EMV chip card, post-issuance.
The Everlink ICI solution first raised positive industry attention in April 2011when it became the first system in North America to instantly produce a fully personalized – and Interac/MasterCard certified – chip debit card, in-branch. This accomplishment signaled the introduction of the first generation of Instant Card Issuance solutions and earned it a prestigious Canadian Innovation Award from ACT Canada in the Payment category at the Cardware 2011 conference.
The most recent breakthrough, which arrives just in time for the Cardware 2012 conference, effectively introduces the next generation of the Everlink ICI solution which was first used to add a new financial application and identifier (AID) to an existing EMV chip card powered by MULTOS Step/One, one of the world’s most secure smartcard operating systems.
“The Issuing institution needed a means to support another payment network and asked Everlink for a solution that would allow them to avoid reissuing their entire EMV debit card portfolio,” said Mark Ripplinger, President of Everlink Payment Services Inc. “With the depth of EMV and Instant Issuance experience at Everlink, it was quickly determined that our best approach would be to use our award winning Everlink ICI solution to add the new application to the card and as a result the next generation of Everlink ICI was born.”
The benefits of this solution upgrade are many and include the potential for substantial cost savings with regards to card replacements and the ability to make upgrades on an as-needed basis. In order to facilitate the addition of the new application to their cards, cardholders will be contacted by the Issuer and requested to go to one of their branches. There a customer service representative will use the Everlink ICI solution [which is card bureau and printer/encoder hardware agnostic and currently supports multiple financial card printers] to add the new network application to the card.
For those interested in viewing the solution in person, Everlink will be hosting live demonstrations at their expert table at the Cardware 2012 conference in Niagara Falls, ON.
Everlink Payment Services Inc. based in Markham, ON, is a joint-venture company owned by FIS and Celero Solutions, and is fully compliant and EMV certified with the Interac, MasterCard and Visa associations. Everlink is a recognized leader in the dependable secure delivery of Electronic Transaction Processing services, EMV Chip, Managed ATM Services and Integrated Payment Solutions in the Canadian financial services marketplace. Everlink is the first in Canada to instantly issue a fully personalized, Interac and MasterCard certified EMV Chip card.
To learn more about the Everlink suite of integrated payment solutions, please contact one of our Business Development or Channel Sales & Marketing team members.