It has been designed specifically for e-commerce protection by extending Card-Present EMV security protocols to online transactions. The EVC All-In-One represents the first breakthrough technology in payment cards since EMV.
In announcing the EVC All-In-One launch, Ellipse CEO Cyril Lalo stated, “As e-commerce has become an established, integral part of our lives, the payment industry needs payment cards that support both traditional and digital lifestyles. We are proud to have developed and brought to market this revolutionary product that will reduce e-commerce fraud and is easily integrated into the existing card manufacturing, personalization and payment processing ecosystems.” This is the first module that allows card issuers to offer payment cards with protection in contact, contactless and e-commerce environments, while maximizing card life and reducing card replacements. This solution enables all card manufacturers to easily mass produce e-commerce-ready cards using their existing equipment and is compatible with most common card construction types (PVC, Metal, recycled plastic, etc.). The EVC All-In-One is a single component, 8-pin EMV drop-in replacement module embedded in payment cards, with a 3-digit display on its back.