AMG assisted in the development of the updated (version 2.0) white paper from the IPI and the Smart Card Alliance that was recently published on both organizations websites.
Here's more on the paper...
With the U.S. moving to EMV chip technology for more secure credit and debit card payments, parking industry stakeholders across the payments value chain recognize the need to learn about EMV to plan to migrate their infrastructure effectively. Now that the October 2015 EMV fraud liability shifts are in place, theSmart Card Alliance and the International Parking Institute (IPI) have published an updated white paper, “EMV and Parking,” to provide current information on the technology and refreshed scenarios covering the critical aspects of deploying EMV-compliant solutions within the parking infrastructure.
The transition to chip technology requires infrastructure changes. Parking industry stakeholders need to begin planning and preparation now to avoid complications and elevated fraud costs down the road. This white paper has the unique perspective of both the Smart Card Alliance members, many of whom are experts in payments, and also IPI members who specialize in parking. This allows the white paper to provide the education and guidance parking stakeholders need to move forward with their chip technology implementations.
The white paper covers the critical aspects of deploying EMV-compliant solutions within the parking infrastructure, and discusses:
- An overview of relevant EMV chip technology features and key implementation options
- Key considerations for parking industry stakeholders who want to accept and process chip transactions for both attended and unattended locations
- The relationship between EMV, contactless payment card transactions and NFC-enabled mobile payments
Here's the link to the v2.0 white paper.