Implementing Electronic Card Payment Systems

Europay, MasterCard, and Visa developed a standard for chip cards, referred to as the EMV, allowing consumers and businesses greater protection against fraud compared with magnetic stripe cards. Implementing Electronic Card Payment Systems provides a comprehensive overview of the EMV chip solution and explains how this technology provides a chip migration path, where interoperability plays a central role in the business model. This cutting-edge book offers a better understanding of:

• Security problems associated with magnetic stripe cards
• The business case for chip migration
• Multiapplication EMV chip card layout design
• The implementation of multiapplication selection mechanisms in EMV chip cards and terminals
• A tutorial presentation of an EMV transaction profile

This first-of-its-kind resource also discusses the organizational and management issues in connection with the EMV chip migration and the use of EMV chip cards in e-commerce and m-commerce transactions. An excellent reference for today’s IT/e-commerce professionals and postgraduate students alike, the book helps readers fully understand this emerging, complex payment card technology.

About the Author

Cristian Radu is currently an independent consultant for payment system and telecom operators in Belgium. He has over 15 years of experience as an engineer and researcher. Dr. Radu earned his Ph.D. in electrical engineering at the Catholic University of Leuven, Belgium.