About EMVCo

EMVCo exists to facilitate worldwide interoperability and acceptance of secure payment transactions.  It accomplishes this by managing and evolving the EMV®1 Specifications and related testing processes.  This includes, but is not limited to, card and terminal evaluation, security evaluation, and management of interoperability issues.  Today there are EMV Specifications based on contact chip, contactless chip, common payment application (CPA), card personalisation, and tokenisation.

This work is overseen by EMVCo’s six member organisations—American Express, Discover, JCB, MasterCard, UnionPay, and Visa—and supported by dozens of banks, merchants, processors, vendors and other industry stakeholders who participate as EMVCo Associates.

EMVCo is managed by the Board of Managers, which is comprised of two representatives from each of the member payment systems.  The EMVCo Executive Committee, also managed by payment system representatives, provides guidance on EMVCo’s long-term strategy.  Various Working Groups complete EMVCo’s work, and decisions are made on a consensus bases to ensure card infrastructure uniformity.

In 2010, EMVCo launched the EMVCo Associates Programme (EAP), which has established an invaluable mechanism for key industry stakeholders to provide input to EMVCo’s Board of Managers, Executive Committee, and Working Groups. A range of organisations—including payment systems, networks, banks, processors, vendors, and more—contribute their expertise to improve the EMV Specifications.

1 EMV is a registered trademark in the U.S. and other countries, and is an unregistered trademark in other countries, owned by EMVCo.