Microsoft partners with Verifone for EMV payment

Retailers still working on compliance with the EMV chip-based card payment standard have a new technology option.



Verifone is partnering with Microsoft to provide comprehensive EMV-ready payment as a service solutions certified for Microsoft Dynamics AX for retail and commerce solutions.



The offering bundles payment hardware, software and support services into a single integrated solution, enabling retailers to centrally manage their entire payment system.



The solution is built on Verifone’s Secure Commerce Architecture (SCA), which connects payment terminals directly to the Verifone Payment Gateway. This is designed to prevent sensitive payment data from entering POS software and enable retailers to update their devices to support PCI changes and card brand-specific EMV requirements.



In addition, Verifone’s payment as a service offerings incorporate end-to-end encryption, which renders cardholder data useless to cybercriminals in the event of a breach.



“Ongoing changes in standards and requirements have made managing payments increasingly more complex,” said Ashvin Mathew, general manager, Microsoft Dynamics. “Partnering with Verifone will simplify this process and enable our users to focus on growing their businesses and improving the customer experience.”



The U.S. retail industry is far from universally complete in deploying EMV-compliant payment technology. This partnership allows Microsoft to aid its customers in meeting EMV requirements while opening the vast market of retailers using Microsoft Dynamics AX solutions to Verifone.