The SAGA Technologies software is certificated according to the EMV international standard

Information from the KIOSKS.RU website

The payment software by SAGA Technologies is certificated according to the EMV international standard. The EMVCo Terminal Type Approval Level 2 Certificate gives the right to the company to conduct transactions with banking cards with chip and PIN-code using the SAGA software.

The received certificate allows to enlarge the range of software and hardware solutions which are supplied ready to use, and to expand the capabilities of the company in the field of system integration of projects which comprise the use of equipment operating with chip cards. This may be practically any equipment: ATMs, ticket terminals, informational terminals, vending machines, payment terminals and kiosks, contract terminals, queuing system components and access monitoring and control systems.

Besides that, the SAGA Technologies plans to use the software with EMV core as pre-installed in standard equipment which the company supplies as a vendor, for example, in ATMs.

Source: KIOSKS.RU

Information provided by the SAGA Technologies company:

The EMV (Europay + MasterCard + VISA) is the international standard for transactions with compliant-chip bank cards. This standard was developed by joint efforts of the Europay, MasterCard and Visa to increase the security level of the financial transactions. The main difference for the user of the EMV-card – the prior request of PIN-code at each payment via the terminal (for example, in shops and restaurants). Nonetheless, this requirement is not mandatory: the emitting bank can adjust the CVM-list of the compliant-chip card so that it will request the signature in the first place. The EMV standard defines the physical, electronic and informational interaction between the bank card and the payment terminal for financial transactions. There are standards based on the ISO/IEC 7816 for contact cards and ISO/IEC 14443 for proximity cards.