The first Russian EMV transaction has taken place in Moscow facilitated by Hypercom and STB Card Processing Centre using a Barclays EMV MasterCard.
The transaction was carried out on one of Hypercom's ICE 5500 payment terminals - a high performance, touch screen-based, Internet-enabled card payment terminal and Web appliance. It incorporates a firewall-protected multi-application operating system, EMV chip card capability, secure PIN pad, built-in HTML/HTTP Web browser and integrated receipt printer.
Andrei Korolev, Europay International regional business manager, Russia, comments: "The first chip transaction in Russia is the result of close and continuous co-operation of Europay International, STB Card Processing Centre and Hypercom. It’s a big step forward towards further implementations and development of the latest payment technologies in our region."