The fraud liability shift for merchants is fast approaching; Lans Holdings, Inc. introduces the EMV Launchpad for payments software developers
MIAMI, FL / ACCESSWIRE / June 24, 2015 / Lans Holdings, Inc. (OTCQB: LAHO) (The Company) is pleased to announce the release of its EMV Card processing platform called, EMV Launchpad. The company has selected CardWare International to provide its EMV terminal warehousing and logistics services to enable rapid deployment of interoperable EMV POS terminals to POS developers and integrators. The critical date is October 1, 2015 when the shift of fraud liability previously absorbed by the credit card companies falls on everyday merchants if they are not EMV card processing compliant by this date.
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According to recent surveys conducted by Newtek Business Services Inc., 71% of respondents were unaware of the so-called EMV liability shift coming the 1st of October and 81% of respondents answered no when asked if they have upgraded their point of sale systems or terminals to be EMV ready and accept Apple Pay. Earlier this year, a Visa Inc. executive reported at a Smart Card Alliance conference that only 78,800 merchants were wired and ready to accept EMV transactions, a small fraction of the overall U.S. merchant base.
The EMV Launchpad provides strategic partners and customers of Lans Holdings, Inc. with two key items that we expect will satisfy these major concerns. First, we provide processor agnostic and developer friendly EMV technology. Second we provide cost-effective EMV terminals that fast track our development partners EMV certifications. We believe this new program will save companies lots of time and money to help software developers and merchants become EMV Ready ahead of the upcoming October EMV liability shift.
The EMV Launchpad also provides access to informative information about the EMV liability shift as well as financial institutions like Banks, Credit Unions and card issuers. Partners of Lans Holdings Inc. can request demo equipment, support, SDKs and roll-out strategies to expedite their EMV/NFC readiness.
Developer and Integrator Tools for EMV: http://paymentsandbox.com/landing
Educational resources: http://portal.lansholdings.com/page/emv-migration
Evaluation Unit Request Form: http://portal.lansholdings.com/shop/product/evaluation-unit-deployment-8
About CardWare International
Since 1975 CardWare International provides products, services and support plus logistical services specific to the electronic payment industry. It delivers merchant life cycle management from business signing plus implementation then on-going support through to closure. Employing ISO 9000-2001 documented, proven processes, these include guaranteed POS system configuration, programming, encryption then validation testing followed by on-time deployment services. Once delivered, businesses receive consistent and thorough training followed by 24/7/365 technical and non-technical help desk support of hardware and software plus "how to" assistance, customer service along with guaranteed hardware repair.
CardWare is PCI compliant along with being a certified ESO, encryption support organization, with the major processors. CardWare clients comprise a cross section of the electronic payment industry; financial institutions, ISOs, gateways, transaction processor, POS hardware manufacturers and software developers along with VAR/VAS.
Clients choose CardWare as their partner because of demonstrated results in treating client merchants as good or better than they would treat them, consistently delivering on its promises, exceeding client and merchant expectations, being flexible along with nimble in responding to change. Clients tell us we are overall, competitively priced.
For a solution focused conversation, contact CardWare, call 740-522-2150 or e-mail sales@13-inc.com. To fully understand what CardWare is as well as does, go to www.cardwareinternational.com.
About Lans Holdings Inc.
Lans Holdings provides secure payment solutions. The Company makes it easy for sellers to start selling and buyers to buy with confidence. The Company solutions are used to enable businesses to process payments more efficiently whether online or in a retail store front. The Company provides white label solutions for payment service providers to enable business to consumer and business to business payments through physical POS, mobile devices, online and software integrations. Lans Holdings is focused to provide emerging payment solutions that motivate and reward our clients for adopting more secure payment systems in their businesses.
Further information on the Company can be found at www.sec.gov and the company's website at www.LansHoldings.com.
For further information, please contact: Investors@lansholdings.com.
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words plan, "forecast," "anticipates," "estimate," "project," "intend," "expect," "should," "believe," and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Companys actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Companys filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
SOURCE: Lans Holdings, Inc.