The FIME lab in San Jose, California, is now accredited to test payment terminals for Visa Contactless Payment Specifications (VCPS) Level 2 certification. According to FIME, the news will reduce costs for device manufacturers because they will be able to get new tap-enabled point-of-sale devices cleared for multiple payment schemes with a single test.
The San Jose lab primarily provides testing services for North American customers. In addition to meeting the requirements for various payment schemes, the lab will ensure that payment solutions are compliant with the latest international standards for the financial industry.
“With contactless and Tap to Phone payments growing in popularity we’re helping U.S. customers innovate with an eye on time to market and costs,” said FIME Testing Services VP Stéphanie El Rhomri. “We now have Visa-accredited labs across the U.S., Europe and Asia, meaning we can offer always-on service to terminal vendors. This will help the payments ecosystem to move faster in adopting new technologies to meet evolving consumer demands.”
The news comes shortly after FIME acquired CETECOM’s US payments portfolio. Mastercard approved FIME to test fingerprint authentication solutions back in 2018, while the FIDO Alliance added the company to its Biometric Component Certification Program in January of 2020.