USAT upgrades ePort to accept EMV contact and contactless payments

USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, has upgraded its ePort products to accept EMV contact and contactless payments, according to a press release.

USAT's ePort G10-chip reader is EMV certified and accepts contact EMV (chip cards) and contactless EMV (tap) payment methods.

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The company also announced it has completed a free over-the-air upgrade to its ePort G10-S to enable acceptance of contactless EMV payments. These enhancements were rolled out beginning in February, prior to the COVID-19 outbreak, enabling operators to offer customers more ways to pay via cashless and contactless methods.

Contact EMV, also known as «chip» or «dip,» is the method of payment where consumers insert their debit card or credit card into the slot of the terminal and wait for the purchase to be authorized. Contactless EMV, also known as «tap,» is the method of payment where consumers with contactless-enabled cards or digital wallets tap or wave their card or device over an EMV contactless enabled terminal.

USAT has expanded its capabilities to accept EMV payments for operators who wish to provide consumers with premium fraud protection. The EMV security features for both the ePort G10-chip and ePort G10-S are the same.

«The new EMV chip reader is a new addition to our product portfolio that enables us to address market needs and future requirements,» Jeff Vogt, chief operating officer, USA Technologies, said in the press release.

Europay, Mastercard, Visa (EMV) jointly established the security standard which increases the security of consumer financial data versus traditional mag-swipe payments.

Source: ATM Marketplace