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Fime helps early adopters with Nexo POI specification

By Joy Dumasia

September 02, 2021

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Fime is now supporting the certification of point of interaction (POI) solutions in line with the latest Nexo standards implementation specifications. Based on nexo Fast specifications and Nexo ISO20022 protocols, the certification harmonizes the behaviour and communication between the terminal, the acquirer host and the estate management system. This helps stakeholders to reduce system management costs and deliver high interoperability across borders.

This implementation enables stakeholders to ensure the quality and interoperability of their POI terminals, allowing a broad spectrum of merchants to implement them. Early adopters of the certification can benefit from Fime’s end-to-end portfolio of Nexo standards consultancy, debugging, testing and certification services.

Patrice Hertzog, Chairman of the Nexo standards Board of Directors, said: “nexo standards’ goal of enabling interoperable payments acceptance at a regional, national and international level is fast becoming a reality as more stakeholders implement our standards. With Fime’s invaluable support, acquirers can feel confident in the quality of their POI implementations to serve their entire merchant base from small merchants to large global retailers.”

Lionel Grosclaude, CEO at Fime, said: “As Nexo standards, projects continue to gather momentum, Fime is supporting stakeholders at every stage of their migration journeys. Our services range from clearly defining business requirements to testing, certification and training services. We are committed to removing payment acceptance complexity for everyone.”

Recently, IBS Intelligence reported that Fime launched the PersevalPro Issuer tool and has received additional approval from Groupement des Cartes Bancaires CB. The tool can now be used to test the personalization of payment cards in line with CB’s new CPACE (CPA Contactless Extensions) card personalization specification. CPACE brings consistency across European card schemes to offer a unified experience for cardholders across contact, contactless and mobile payments.

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