Ingram Micro Inc. has announced a new “Electronic Payments Playbook” and multi-vendor solution bundle that simplifies EMV (Europay, Mastercard and Visa) compliance for retailers and businesses.
The idea is to give channel partners the resources and technology needed to properly address the October 2015 EMV payment standard, also known as “chip and pin.”
The playbook and solution bundle provides channel partners a detailed overview of the imminent, global EMV mandate and includes the necessary hardware and merchant services needed to ensure business compliance and minimize liability. As part of the new bundle, Ingram Micro Professional Services is providing channel partners with start-to-finish professional services from assessment and deployment to equipment disposal, solution testing and certification audits.
The global EMV payment standard requires all retailers and other businesses that accept credit and debit cards to become compliant by Oct. 15, 2015. Failure to comply with the mandate will leave businesses open to liability in the event of fraud and potentially face heavy financial losses.
“The global EMV payment standard is a call to action businesses can’t afford to ignore and channel partners should embrace as a strategic opportunity to engage with customers and prospects to more easily become EMV-compliant,” said Jeff Yelton, executive director, Ingram Micro. “Our technology portfolio and professional services extend well beyond data capture and point of sale making it possible to offer a comprehensive Electronic Payments Playbook and targeted, multi-vendor EMV solution. This key differentiator uniquely positions Ingram Micro to help channel partners take the lead and solve for one of the bigger business risks and challenges facing retailers and businesses of all types that accept credit cards today.”