It's been a whole 10 years since STS launched Emvelink, our award winning flagship product. Much has changed in the payments industry since then and Emvelink has evolved to not only keep up with these changes, but to be ready for any future developments.
Emvelink was used to take the first Chip and Signature transaction in 2002 at Safeway in Farnborough Surrey and then the first Chip and PIN transaction in 2003 at ASDA in Northampton. This allowed us to achieve recognition as Chip Vendor of the Year in 2002 by VISA EU and CEMEA and secure partnerships with many leading technology providers.
Today Emvelink is the world's leading software EMV Level 2 kernel and is presently used by approximately 40% of the top UK retailers in 120,000 POS, including 6 of the top 10 UK retailers. It is also gaining momentum across the globe in regions such as Asia-Pacific, North America and Europe where EMV is becoming more relevant.
Compatible with over 35 card readers we continually keep our software up to date with all approvals and certifications, taking that hassle away from our customers.
Emvelink is fully configurable and is comprised of a number of library modules which may be freely reused by other applications, such as e-Benefit and loyalty programs, and because of the way Emvelink has been developed, these can go-live in store in just a matter of weeks.
In 2008, this flexibility led to The Co-operative Group and STS winning the European Retail Solutions Award for Best Customer Facing Technology. This was due to a customer feedback system that was installed at the point of sale using their existing Chip and PIN pads.