{"id":32549,"date":"2018-07-13T11:10:04","date_gmt":"2018-07-13T03:10:04","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=32549"},"modified":"2018-07-13T11:10:04","modified_gmt":"2018-07-13T03:10:04","slug":"fexco-completes-migration-to-emv-processing-in-the-phl","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2018\/07\/13\/fexco-completes-migration-to-emv-processing-in-the-phl\/","title":{"rendered":"Fexco completes migration to EMV processing in the Phl"},"content":{"rendered":"<p class=\"yiv0259602439MsoNormal\"><strong>Irish\u00a0International fintech company,\u00a0<span class=\"yiv0259602439MsoHyperlink\"><a href=\"https:\/\/fexco.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Fexco<\/a><\/span>\u00a0has completed migration to EMV &#8211;\u00a0<span lang=\"EN-GB\">Europay, Mastercard and Visa &#8211;\u00a0<\/span>processing in the Philippines\u00a0 for its\u00a0\u00a0<span class=\"yiv0259602439MsoHyperlink\"><a href=\"https:\/\/easydebitasia.com\/\" target=\"_blank\" rel=\"nofollow noopener\">EasyDebit<\/a><\/span>\u00a0 microATM solution ahead of the Bangko Sentral ng Pilipinas deadline.<\/strong><\/p>\n<p class=\"yiv0259602439MsoNormal\">The transition to EMV processing comes amidst industry-wide challenges on the migration from the less secured Magstripe (magnetic stripe) technology to the global industry standard of EMV chip technology. EMV ensures the safer and more secure processing of card transactions reducing the prevalence of fraud for card present transactions.<\/p>\n<p class=\"yiv0259602439MsoNormal\">EasyDebit has been at the fore of this industry change as one of first platforms to provide full EMV transaction activation on all of its terminals providing safe and secure banking to Filipinos across the country.<\/p>\n<p class=\"yiv0259602439MsoNormal\">EasyDebit is a \u2018plug and play\u2019 solution requiring minimal installation for merchants who simply download the EasyDebit Mobile App. EasyDebit is available in over 450 locations across the Philippines through a network of accredited partners including payment and remittance centers, <em>sari-sari<\/em> stores, pharmacies, general retailers and rural banks.<\/p>\n<p class=\"yiv0259602439MsoNormal\">EasyDebit\u2019s migration to EMV solidifies the company\u2019s position in innovation and compliance across the Philippine fintech ecosystem. Over the coming months EasyDebit will widen its functionality as it adds card and bill payment functionality to its EasyDebit Solution.<\/p>\n<p class=\"yiv0259602439MsoNormal\">Speaking on the successful migration to EMV processing, Ann Chan Foley, CEO at Fexco Philippines, Inc. commented, \u201cWe are committed to the safe and secure processing of all Debit and ATM cards. Our migration to EMV is testament to the fact that cardholder security is an integral part of our solution.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Irish\u00a0International fintech company,\u00a0Fexco\u00a0has completed migration to EMV &#8211;\u00a0Europay, Mastercard and Visa &#8211;\u00a0processing in the Philippines\u00a0 for its\u00a0\u00a0EasyDebit\u00a0 microATM solution ahead of the Bangko Sentral ng Pilipinas deadline.<\/p>\n","protected":false},"author":6,"featured_media":32550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6188,6187,6189,4536,54],"class_list":["post-32549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-easydebit","tag-emv","tag-fexco","tag-fintech","tag-security"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/32549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=32549"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/32549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/32550"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=32549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=32549"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=32549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}