Home / Knowledge / News / Information Technology / First universal retailer payment protocol released
First universal retailer payment protocol released
17
Jan '12
The Association for Retail Technology Standards, the National Retail Federation's technology standards division, and EPASOrg, an association leading card payment standards in Europe, announced a partnership to create an ARTS-EPAS Retailer Payment Protocol Standard.

The standard defines an open interface between a sale system and a payment system in a retail environment, and would enable the separation of the payment function from the point-of-sale application, which will facilitate the certification of the PCI data security guidelines and future implementation of EVM (chip and pin) in the United States. The standard will also provide much greater agility to capitalize on new and emerging payment types such as mobile wallets and other online checkout systems that are migrating to retailers' stores across the world.

The ARTS-EPAS Retailer Payment Protocol will be based on state-of-the-art technologies, such as XML, to ensure interoperability between different sale environments, and was developed by a team of experts from Europe, Canada and the United States.

“With this standard, ARTS breaks our thirteen-year XML tradition and will provide an out-of-the-box interoperable standard to meet the critical need of retailers and solution providers,” said Grant Anderson, co-chair of ARTS Board. “Thanks to EPASOrg, who has in-depth experience with interoperable protocols in both retail and card payment environments, this collaboration will be a great success.”

“This collaboration has paved the way for the issuance of a truly global standard that will benefit all stakeholders of both the retail and card payment industries,” said William Vanobberghen, Secretary General, EPASOrg. “The new standard will ease the further migration towards EMV specifications for retailers across the U.S.”

The resulting specifications replacing today's numerous proprietary protocols will be available for free to any interested stakeholder (terminal manufacturers, Value-added Resellers (VARs), software developers, etc.) beginning in the first quarter of 2012. They will contribute to an open and more competitive market of sale and payment solutions worldwide.

EPASOrg is an international non-profit association founded by key industry players. The mission of EPASOrg is to foster interoperability by agreeing, developing and implementing common protocol specifications related to secure card payments.

The Association for Retail Technology Standards (ARTS), a division of the National Retail Federation, is a retailer-driven international membership organization.

National Retail Federation

Must ReadView All

Textiles | On 27th Feb 2017

Surat to get a mega textile park, centre of excellence

The textiles ministry is positively working on the proposals for a...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search