Canadian payment processor Moneris Solutions has been authorised to self-certify EMV-chip and PIN, and chip and signature terminals for five major credit card brands.
Following the accreditation, Moneris becomes the first North American processor to offer self-certification for merchants on behalf of American Express, Discover, MasterCard, Visa as well as Union Pay.
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The self-certification ability will phase out the need to involve third party service providers to review payment terminal tests and sign-off for these solutions to go to production.
Instead, Moneris can now perform the work in-house, which will result in better control and faster time to market.
Chris Lee, president of North American Strategic Partnerships and Emerging Markets at Moneris, said: "The ability to self-certify our EMV-ready terminals means we can work with our partners to get merchants up and running on the latest payment technology quickly and efficiently.
"With this authorization we are able to provide an enhanced customer experience for businesses across North America."
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