April - Debit EMV Forum

EMV Chip Card Forum

Chole CasberTMG Product Manager

April 2015

Agenda

• Industry Update

• Common and Global AIDs Explained

• Project Overview

• Plastics Update

EMV Forum DownloadAnaheim, CA – March 9-12

– BOA Debit Plans/Current Status• Debit EMV issuance in October 2014• Natural reissuance + lost/stolen accounts, no mass reissue to meet liability shift• Less than 1% of transactions are EMV, 99% of those are signature

– Merchant Adoption• 60% not ready by liability shift• Only over half of merchants ready by end of 2016

– Delay in US Common AID– Costs in infrastructure to support debit EMV– Contactless not currently available that is Durbin compliant– Challenges in not having contactless debit EMV available.

» Not palatable for merchant adoption.

Debit AIDs Explained– Application Identifier (AID)• Global• US

– AID Selection at POS• Terminal reads for AID

availability• Choice made by the terminal

automatically to select an AID based on priority as indicated by the issuer’s CVM

AcquirerBIN Merchant PriorityX XX XX XX X

5

CVM: PIN/NO CVM

Transaction Complete

AIDGlobal US

1. Terminal identifies if card is international or domestic.

2. Terminal selects appropriate AID – opens application

3. CVM: Secure Handshake Between Card & Terminal. Terminal receives BIN info from app & creates ARQC.

4. ARQC and BIN Info sent to acquirer. Routing selected

5. Transaction routed to appropriate network

6. Network facilitates A-V-A & generates ARPC

7. ARPC sent to Terminal- transaction complete

BIN Routing

Routing

Network Authentication (ARQC) Verification (CVM) Authorization ($)

ARPC Terminal1

2

3

4

5

6

7

AID

Application

Project Overview

• Every project is unique• 6-12 Months

• Debit EMV prep process• TMG is ready with EMV

Implementation detail request is

completedProject Controller conducts scoping analysis

Scope and addendum are

combined/created

Updated scope and addendum sent to CBE for execution by the client

Project is Scheduled

Plastics Update• Order submission process

• Front and back artworks submitted in .EPS format

• Industry standard procurement timelines• 12-20 Weeks

• Vendor relationship acquisitions• Instant issuance likely not available until early 2016

Chole Casber TMG Product [email protected]

Questions?