Debit Network Alliance Launches Common AID for Non-Global Branded Debit Cards
Aug. 17, 2015
Two years ago, Visa and MasterCard developed a solution that addressed inconsistencies between the debit network routing requirements of the Durbin Amendment and limitations of the chips in chip & PIN cards and the rules of EMVCo—the organization that administers EMV standards. The networks made proprietary EMV technologies available that would enable a debit chip transaction originating from a single-chip application to be routed by the merchant to Visa, MasterCard or any other U.S. PIN debit network that elected to participate in the solution. Many competing debit networks signed on with Visa or MasterCard, including Fiserv’s Accel network and SHAZAM . A group representing debit networks, however, kept working on a common application identifier (AID) solution.
The Debit Network Alliance (DNA), a group of the 10 largest U.S.-based debit networks including NYCE, STAR and PULSE, late last week said they are deploying a shared debit AID solution that will give merchants the option to accept non-global branded debit cards at the POS.
“We have processors working with us to certify offerings to bring it out to the marketplace,” a DNA spokesperson told CardNotPresent.com. “We’re open for business when it comes to the DNA Shared Debit AID and folks are implementing towards it.”