The registration fees charged by EMVCo are intended to cover the administrative expense incurred by EMVCo in managing the L3 Participant System Identifier registration process. This process includes, but is not limited to:
Review of registration and Registrant criteria
Updates to the L3 Participant System Identifier registration process
Processing of registered Registrants including Letter of Registration
Maintenance of the registered and assigned L3 Participant System Identifiers list
Publication of the current L3 Participant System Identifier list
The following registration fee shall be paid to EMVCo by the Registrant:
$2,500 (Two Thousand and Five Hundred USD): Single payment associated with processing a request for registration and assignment of an L3 PSI from an organization requesting it.
$750 (Seven Hundred and Fifty USD): Annual payment to cover maintenance and continued usage of an EMVCo-assigned L3 PSI
Note: Payers are responsible for any bank charges associated with remittance. Each Registrant must work with its bank to ensure that EMVCo receives the full amount of the fee. The Request for Registration will not be reviewed until complete payment has been received.