Felix secures an EMV Level 3 (L3) certification with Chase Payment Solutions (formerly Chase Paymentech). Chase Payment Solutions is the payment processing and merchant acquiring business of JPMorgan Chase and one of the largest payment processors in the U.S. with more than 4 million business customers and an annual processing volume of over US$1 trillion.
Our certification with Chase permits our 100% cloud-based EMV kernel to transact through Chase’s payment ecosystem and support merchants looking to use their processing services. Our Cloud EMV technology enables our partners to deliver disruptive solutions that create new opportunities and use cases for businesses of all sizes.
Powering Tap to Phone
Felix.Terminal is our Tap to Phone [Soft POS] acceptance solution that provides the same functionality and security as a traditional terminal with additional benefits of mobility, rapid scalability, and seamless brand integration.
Level 3 is the final stage of the EMV certification process, where a connection between the Felix.Terminal and the acquiring bank’s processing engine is tested to ensure transaction acceptance and compliance.
Payments in the cloud
Our Tap to Phone solution is powered by the Felix.Cloud which moves the payment kernel to the cloud. Felix.Cloud is a certified EMV L2 & L3 platform that enables any connected COTS (customer off the shelf) device to process contactless transactions. Additionally, we are exploring a range of new devices that can be supported by Felix.Cloud.
The power of cloud kernel technology is its capacity to enable businesses to future-proof their payment infrastructure by:
- Opening opportunities to create new exciting experiences and use cases that have traditionally been limited by hardware
- Rapidly enable devices and solutions for instant deployment
- Fast track merchant enablement for acquirers
- Update all connected devices in real-time with a centralized kernel
Disruptive solution of the future today
The future of the global payments landscape is exciting as more merchants and industry partners are upgrading legacy systems to move onto more sophisticated payment platforms.
We are very proud to be at the forefront of such a revolutionary solution using a unique cloud kernel that is undoubtedly on its way to redefining the payment acceptance landscape.
If you would like to know more, please reach out to arrange a discussion.