News

25 april 2006

CCD standard and chip cards

�UkrGasBank’ has successfully completed equipment certification project for the purpose of CCD standards compliance (Common Core Definitions). CCD standard, developed by EMVCo, allows using united format and technology of data transfer by receiving chip cards in �UkrGasBank’ acquiring network within 2 international payment systems - Visa and MasterCard.

�UkrGasBank’ has successfully completed equipment certification project for the purpose of CCD standards compliance (Common Core Definitions). CCD standard, developed by EMVCo, allows using united format and technology of data transfer by receiving chip cards in �UkrGasBank’ acquiring network within 2 international payment systems - Visa and MasterCard.

 

Using CCD standard �UkrGasBank’ has the opportunity to implement changes as of chip cards, to fulfill specific programs by chip cards owing to large capacity of additional data transmitted in authorized messages.

 

“Project of CCD-certification was implemented on the base of UkrCard processing center. As a result, the implementation of similar certification projects for our partner banks will be simplified.”

Alexandr Pranov,

Head of Payment Cards Unit under

Retail Banking Division.

 

Currently, OJSB �UkrGasBank’ is one of leaders on chip cards issue and acquiring. All terminal equipment including ATMs and trade POS-terminals was involved in chip cards receiving.