RIVERWOODS, Ill.--(BUSINESS WIRE)--
Discover today announced its support of EMVCo’s v0.9 release of the EMV®*
Secure Remote Commerce (SRC) draft specification and emphasized the
importance of EMVCo’s additional step to provide an opportunity to all
industry stakeholders to comment on the standards before the first
complete version is issued in 2019.
“As a member of EMVCo, Discover continues to contribute on the EMV SRC
initiative. We see this additional step taken by EMVCo as a critical
component of our standards development process.” said Ricardo Leite,
vice president of global products and partnerships for Discover Global
Network. “There are still open questions about the EMV SRC framework and
specifications, and we encourage stakeholders to provide feedback.”
The EMV SRC Specification is being developed to provide a consistent and
streamlined checkout experience across all digital channels. The
solution is designed to enhance security, reduce complexity and
ultimately optimize the customer experience.
“Discover continues to execute against our digital checkout capabilities
roadmap and receiving broader industry feedback will help us to
determine when and if EMV SRC will be part of our solution set for our
Discover Card customers and Discover Global Network partners,” Leite
said.
EMVCo is the global technical body that facilitates the worldwide
interoperability and acceptance of secure payment transactions by
managing and evolving the EMV Specifications and related testing
processes. Supported by dozens of banks, merchants, processors, vendors
and other industry stakeholders, EMVCo provides all payment stakeholders
with a platform to engage in its strategic and technical direction.
Visit www.emvco.com
for further information
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S.
financial services. Since its inception in 1986, the company has become
one of the largest card issuers in the United States. The company issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home equity loans, checking and savings
accounts and certificates of deposit through its direct banking
business. It operates the Discover Global Network comprised of Discover
Network, with millions of merchant and cash access locations; PULSE, one
of the nation's leading ATM/debit networks; and Diners Club
International, a global payments network with acceptance in 190
countries and territories. For more information, visit www.discover.com/company.
* EMV® is a registered trademark in the U.S. and other
countries and an unregistered trademark elsewhere. The EMV trademark is
owned by EMVCo, LLC.
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Discover Financial Services
Rob Weiss
224-405-6304
robertweiss@discover.com
@Discover_News
Source: Discover Financial Services