CALE Partners with ID TECH on Upcoming EMV Payments Technology
Montreal, Canada, September 25, 2018 – CALE, a leading North American company specializing in secure, reliable and effective parking solution and Desjardins Group, one of the top payment solution providers in the world – processing 3.3 billion transactions annually through its Monetico brand – are among the first to introduce the unattended contactless EMV payment method to Canada with “chip and no pin” through the certification of ID TECH’s VP5300.
Faster, Efficient and Secure Payment
Effective October 14, 2022, it will become mandatory for all unattended cardholder-activated terminals (pay stations) to be EMV-enabled. CALE is aware of this and is always staying ahead in the industry. The company strives to provide its clients with the latest payment technology by keeping up-to-date with the latest network and data security industry standards.
Not only is the EMV payment solution a smart and proactive investment, it also reduces the merchant’s liability in the event of theft. Both merchants and end-users are reassured knowing that the latest payment technology is used.
In order to develop and integrate the state-of-the-art EMV payment solutions, CALE has deployed all required resources and efforts, including CALE’s development team in its Montreal head office working in partnership with Desjardins and ID TECH.
Starting very soon, all CALE customers will have the opportunity to upgrade their parking equipment with ID TECH’s rugged VP5300 EMV Kit. The EMV Kit includes the VP5300 (PCI 5.X, EMV smart card insert reader) with a “chip and no pin” payment method and the NFC antenna for contactless payments.
The VP5300 secure insert reader supports credit card payments, while the NFC antenna supports payments by credit card, Interac Flash, Apple Pay, Google Pay and Samsung Pay.
CALE and its partners are proud to introduce this new solution to the Canadian market, which provides modern and innovative payment methods for its customers and their end-users.
Please contact your local CALE sales representative for more details.
CALE is no ordinary parking company. Our holistic parking solutions are designed to help keep our cities and municipalities moving towards innovation. Regardless of the climate, environment, road plan or traffic conditions, our connected parking solutions can be tailored to meet the needs of its users. With more than 20,000 terminals installed in North America, CALE distinguishes itself in the market by providing a complete package of reliable services: the most efficient web-based back office software, the best hardware reliability, delivery under unbeatable delays and with the highest security standard in the financial industry. In 2018 CALE and Parkeon, the world leaders in parking and transport ticketing solutions, have joined forces to create a new global entity with a new brand – FLOWBIRD – and its signature is: Urban Intelligence. Flowbird’s group resources include over 400 R&D engineers working on behalf of customers to push the boundaries of innovation in transportation hardware, software, sensor systems, machine learning, artificial intelligence (AI), information security and mobile development.
ABOUT ID TECH
ID TECH is a world-recognized leader in the design and manufacture of secure payment solutions, ranging from PCI-certified PIN-entry devices, PIN on Glass readers, state-of-the-art NFC/contactless payment devices to EMV and Magstripe readers. For more than 30 years, ID TECH has built a reputation based on technical excellence, innovation, and a commitment to superior customer service. Headquartered in Cypress, California, USA (with additional engineering centers in Fremont, California, Shanghai, China and Taoyuan City, Taiwan), ID TECH is an industry leader in delivering payment solutions across the globe.
For more information about ID TECH, please call 1-800-984-1010 or visit www.idtechproducts.com.
ABOUT DESJARDINS GROUP
Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of $272 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Counted among the World’s Strongest Banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.