EMV migration of M4Bank.MPOS System of Company "Center of Corporate Technologies" is complete

Company "Center of Corporate Technologies" announced the successful completion of EMV migration of its mPOS solution M4Bank.MPOS. The system is one of the first on the Russian market which fully supports EMV cards transactions.

Boris Fedorov, general director of LLC "Center of Corporate Technologies", noted: "We are constantly working on improvement of the mobile acquiring platform M4bank.MPOS. The full EMV support is an important step in the development of the system. With the completion of the adaptation of combined readers, we have added to the Company's technology stack one more link, thus providing support for all types of devices and compliance with payment systems and Best Practice. Our company is ready to offer a Customer a complete range of devices and technological innovations for mobile acquiring at attractive terms".

M4Bank.MPOS application of "Center of Corporate Technologies" became one of the first mPOS-decisions on the Russian market, providing support for EMV-cards on a full range of devices (mobile pin pads, combined readers) and proposing implementation of turnkey projects to the Customer.

About combined card readers

Combined reader is mPOS-device capable simultaneously support cards with a magnetic stripe and EMV, and this fact is fully compliant with VISA requirements for mPOS projects. The processing of EMV-cards is performed by using devices certified by EMV L1 and EMV L2 libraries.

About Company "Center of Corporate Technologies"

"Center of Corporate Technologies" — is technology provider of mobile payments, which allow to accept card payment in various conditions. The Company has rich experience in creation of innovative, reliable and secure payment solutions with the use of bank cards. The system of mobile commerce of M4bank covers mobile payments, e-commerce, EMV-migration, mobile banking, mobile wallets.