EMV Immersion is a 3 day workshop where students immerse themselves in the planning, implementation and payments strategies required to succeed in an EMV chip and pin payments ecosystem. This course addresses both business ad technical needs. Most importantly, it addresses the post EMV challenges faced by business and individuals following the passing of the Card brand managed deadlines. This course covers EMV from issuing, acquiring, processing and merchant perspectives. Read more
Who Should Attend
- Payments professionals
- Technical staff
- Developers
Workshop Outline:
Day One – EMV
- Understand EMV Chip -with ISO 7816 explained
- Chip transaction formats
- Discuss basic terms and concepts used in EMV
- Understand the different approaches and standards of MasterCard, VISA, EMVCo, to EMV, Contactless and Mobile Technologies
- EMV Commands
- Benefits of EMV, including reduction in fraud, provision of multi-applications and offline risk management
- Review EMV certifications and compliance requirements
- Review personalization of EMV cards and systems
- Understand EMV migration impact on issuers, acquirers, and terminal/card vendors
- Review ISO 8583 message formats and EMV field
Day 2 – EMV Detailed Transaction Flows
- Discuss transaction flow for EMV – Describe the 12 stages of the EMV transaction
- Demonstrate using a real EMV card an EMV transaction and show each stage using emulated host
- Explore EMV migration challenges and strategies
- Understand key decisions for EMV and review best business model development
- EMV online and offline PIN management
- Describe the EMV data encryption methods
- Review Key Management and security aspects of EMV
Day Three – EMV Contactless and Mobile Payments
- Contactless market overview
- Understand use and benefit of contactless applications
- Review Contactless Standards PayPass, PayWave, EMVCo Contactless
- Transaction flow for MasterCard PayPass and Visa payWave
- Security aspects of contactless payment applications
- Online contactless transactions handling for authorization systems
- Review the latest mobile/NFC technologies
- Discuss Mobile Payment components – SE, TSM, OTA
- Review Card and Application Management System
- Review OTA and scripting
- Review Issuer host integration, how-to send scripts OTA
- Describe provisioning and mobile handsets
- Understand PIN management, PIN usage options