Posiflex receives certification for payment terminal in partnership with FIME

Receives industry certification

Mobile solutions and services provider FIME has ensured Posiflex Technology Inc. has received industry certification for its Posiflex CC-1000 Contactless Card Payment Reader prior to market launch.

Working in partnership with Posiflex, a global manufacturer in point of sale (POS) hardware solutions, FIME has provided consultancy and testing services to Posiflex, enabling it to develop its contactless payments service Posiflex CC-1000 Contactless Card Payment Reader, resulting in the product receiving certifications for EMVCo (Level 1 and Level 2), MasterCard (PayPass M/Chip v2.1) and Visa payWave (VCPS v2.1.1).

Owen Chen, President and CEO at Posiflex Technology Inc. said: “It is vital that Posiflex can support its clients with a secure contactless payment solution that meets the highest level of industry certification. Developing a new product to such robust and complex standards in a short timeframe, however, is no easy task. In this regard, FIME’s expertise was essential to guide us through the technical interoperability requirements and ensure we achieved the time-to-market goal set.”


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