New spec that improves mobile payments quality and speeds up transit ticketing transaction times

EMVCo has issued a new specification bulletin that makes it mandatory for contactless payment terminal suppliers to make use of IQ demodulation techniques in order to receive EMVCo certification.

IQ demodulation improves the contactless payments user experience by providing both more reliable data transmission, which improves transaction speeds, and by offering greater flexibility in terms of where a card or device needs to be positioned in order to be read by a payment terminal, the standards body says.

All EMV-compliant terminals will be required to apply IQ demodulation techniques to receive EMVCo certification. Many terminals have this functionality today but have neither activated nor tested it within the payment environment.