This announcement is important to those financial institutions that issue non-branded cards that need to support an AID for chip card transactions.
AFFN is proud to announce that just over 18 months after the creation of the Debit Network Alliance (DNA), of which AFFN is a founding member, the DNA Shared Debit AID, created to support non-branded chip cards also known as “proprietary” or “ATM” Cards, is ready for deployment.
DNA was formed to establish and govern a common approach to deploying and processing transactions for debit chip cards in the US market and this is a major achievement in such a short period of time for the collaborative organization. Please find attached the official press release from the Debit Network Alliance.