Dublin’s Acquirer Systems opens North America office

5 Mar 2012

Payment testing solutions company Acquirer Systems has opened a new North American office in Charlotte, North Carolina. The move will help support its growing customer base in the US and Canada, the company said.

The privately held Acquirer Systems was founded in 1997 and is headquartered in Dublin, Ireland.

Acquirer uses a transaction-based testing approach so customers can emulate and test complex end-to-end EMV chip environments. This allows them to identify issues early in play and to save money and time during the implementation phase, said CEO Fergal Molloy.

The new US office will serve as a hub to support EMV migration in the region, he said, and will provide local support to banks, processors and vendors in the North American market.

Due to new Visa and MasterCard mandates, he said the US payments industry is facing the challenge of migrating more than 1bn credit and debit cards to EMV chip and contactless standards, along with the associated payments infrastructure.

He said many banks are also looking to replace their core switching systems as leading platforms are reaching the end of their life cycles.

John Kempisty, MD, North America, for Acquirer Systems, said he was excited that the company had made this commitment to the North American market.

In the US, Acquirer Systems’ clients already include First Data and Bank of America. The company has 80-plus installations across the US, Europe, the Middle East, Africa and Asia, said Molloy.

Carmel Doyle was a long-time reporter with Silicon Republic