YESpay International achieves Pan-European accreditation

YESpay International, announces that it has completed end-to-end pan-European accreditation of its EMBOSS EMV card payment service with Elavon Merchant Services. Retailers operating in multiple countries across Europe can now benefit from a single credit and debit integrated to their point of sale card payment service as well as a consolidated merchant service agreement for all its stores. YESpay has already been helping retailers in the UK and Ireland for over 5 years with their EMV and multi-channel credit and debit card payments and also became the FIRST hosted EMV payment service provider in Canada in January 2010.

“This pan-European accreditation of YESpay’s EMBOSS payment service with Elavon Merchant Services makes us one of the leading global payments companies providing outsourced EMV payment services in over 30 countries in Europe and in North America,” comments Rohit Patni, EVP Sales and Marketing, YESpay. He adds, “As more and more retailers nowadays are looking for economies of scale to streamline their operational costs, we are here to help them with their card payments requirements on a global basis.”

Approved with the Verifone VX810 PIN Pad, EMBOSS supports both off-line and on-line PIN verification ensuring it can deal with all credit and debit card payments. Pan-European merchants can significantly reduce their card processing costs by having a single merchant service agreement with Elavon and low monthly EMBOSS service costs. In addition, merchants can dramatically reduce the technical burdens and high costs of operating multiple card payment services in the different countries they have stores in – EMBOSS is a common payment solution for all stores regardless of location.

EMBOSS is fully PCI-DSS Level 1 certified and supports enhanced security features such as Point-to-Point encryption and tokenisation, making sure that no credit or debit card data is exposed to the merchant or transmitted over unsecure networks.