;
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

Global yarn production up in Q2/18; fabric dips slightly

Textiles | On 10th Dec 2018

Global yarn production up in Q2/18; fabric dips slightly

Global yarn production increased by 5 per cent between Q1/18 and...

Courtesy: Intertextile shanghai hometextiles

Textiles | On 10th Dec 2018

Intertextile Shanghai Home expects 200 suppliers

Around 200 suppliers from China and other countries will display...

Courtesy: Rakez

Textiles | On 10th Dec 2018

Over 50 Indian firms eyeing operations in UAE's RAKEZ

Over 50 Indian firms are interested in expanding operations in Ras Al ...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Krishnanand Tripathi, Textrade International Ltd

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Varinder Singh Jawanda, Trendy Bharat

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Marcello Galvanin,

Marcello Galvanin

Galvanin has more than 50 years of experience in the production of textile ...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search