ACT Canada awarded its 2011 Gold International Innovation Award in the Payment category to YESpay to recognize its EMBOSS card payment service.
EMBOSS is an integrated and managed EMV chip and PIN card payment service that reduces PCI-DSS certification and EMV chip and PIN accreditation of merchants and POS vendors’ multi-channel retail, e-commerce and MOTO payment systems.
The EMBOSS service is pre-certified with many card acquirers, including Chase Paymentech and First Data Merchant Services. With the service, merchants can certify their retail systems to EMV standards within weeks for a monthly subscription fee. The service also omits card identification information from the merchant environment.
YESpay received the award at ACT Canada’s annual Cardware Conference.