EMVCo Publishes EMV® Secure Remote Commerce (SRC) Specification v1.0 and Payment Icon
Summary
The icon will become a trusted, easy-to-recognise visual symbol which conveys to consumers that they can expect an easy, smart checkout wherever it appears, regardless of which payment card or channel they use. Karteek Patel, Chair of EMVCo’s Executive Committee, comments: “ The continued growth of global e-commerce requires reinforcing consumer convenience and confidence in payments. The specifications are available royalty free, designed to be flexible, and can be adapted regionally to meet national payment requirements and accommodate local regulations. EMVCo is collectively owned by American Express, Discover, JCB, Mastercard, UnionPay and Visa, and focuses on the technical advancement of the EMV Specifications. To provide all payment stakeholders with a platform to engage in its strategic and technical direction, EMVCo operates an Associates Programme and encourages all interested parties to get involved.