LOUISVILLE, Ky., Sept. 14, 2015 (Business Wire) – Payment Alliance International (PAI), a leader in electronic payment processing solutions, today announced it has been honored for showing excellence, leadership and initiative in implementing EMV technology at Automated Teller Machines (ATMs). PAI was honored at an awards banquet held in Washington D.C. in conjunction with the ATM & Mobile Innovation Summit. One of only five companies nationally to receive the ELI Award, PAI was recognized for its efforts in advancing new EMV technologies at U.S.-based ATMs.
"Receiving the ELI Award is quite an honor," states John J. Leehy III, president and chief executive officer for PAI. "We recognize the importance of taking the EMV migration challenge head-on. EMV technology provides a safer and more secure transaction experience for consumers across the country, plus serves as a deterrent against data breaches and counterfeit cards,” adds Leehy. “We are getting out in front of this problem, and are diligently working to minimize the financial liability associated with any fraudulent transactions that may occur for our ATM customers.”
PAI is the leader in ATM EMV upgrades for owned and or managed terminals. More than 12,000 field ATMs have been upgraded by the company thus far. All new ATMs are shipped with EMV readers, as well as with Dynamic Currency Conversion (DCC) software preinstalled on compatible models.
ELI Award judges included respected industry analysts and consultants, as well as the editors of Networld Media Group’s ATMmarketplace and MobilePaymentsToday online publications.
About Payment Alliance International (PAI)
Payment Alliance International (PAI) is one of the nation’s largest deployers of ATMs, provides ATM processing and maintenance services, ATM equipment sales and support, and ATM branding programs. PAI also offers comprehensive payment and small business solutions including credit, debit and prepaid card acceptance services in retail locations, online or on-the-go using mobile devices…all designed to maximize customer success and make business easy. Payment Alliance International is based in Louisville, Ky. For more information, please visit www.GoPAI.com or follow us on Facebook and Twitter.