Lans Holdings, Inc. Joins EMV Migration Forum

MIAMI, FL / ACCESSWIRE / June 22, 2015 / Lans Holdings, Inc. (PINKSHEETS: LAHO) – (The Company), is pleased to announce the Company has joined the EMV Migration Forum, to support the effort to drive adoption of secure chip-based technologies in the United States (US). Lans Holdings Inc. shows the Company’s commitment by participating in the migration forum to disseminate important information to our clients and partners.

Secure EMV payments are coming to the United States! Payment brands have announced their roadmaps to accelerate adoption through merchant incentives, processing infrastructure migration and fraud liability shift. The migration to EMV will:

– Reduce counterfeit card fraud
– Enable cardholders to use secure EMV payment cards globally
– Prepare for NFC mobile contactless payments

Anthony Ribas, Director of Lans Holdings Inc., explains: “We are very excited to join the EMV Migration Forum, we are committed to supporting EMV standards and enabling our clients get on the fast track to EMV migration with little or no interruption to their business Mr. Ribas further added, We believe it is important for Lans Holdings Inc. to contribute to the EMV Migration by joining payment industry leaders and banking industry professionals to discuss new strategies to motivate merchants to migrate to EMV card processing.”

Mr. Ribas will be attending the EMV Migration Forum June 23-24th 24, 2015 in Herndon, VA at the Hyatt Dulles at Dulles International Airport.

This meeting is expected to draw over 290 attendees from all of the global payment brands and other stakeholders representing financial institutions, merchants, processors, acquirers, regional debit networks, device manufacturers and industry associations who have joined the EMV Migration Forum. The meeting will continue the progress being made by the working committees since its inception on July 31, 2012 and will include working sessions for attendees to explore in more detail the key challenges that the payments industry faces in moving to EMV. In addition, there will be several stakeholder updates and EMV educational panels to provide members with the latest EMV information.

About U.S. EMV Chip Migration


Commonly used globally in place of magnetic stripe, EMV chip technology helps to reduce card fraud in a face-to-face card-present environment; provides global interoperability; and enables safer transactions across contact and contactless channels. Chip implementation was initiated in the U.S. market in 2011 and 2012 when American Express, Discover, MasterCard and Visa announced their roadmaps for supporting a chip-based payments infrastructure. Acquirer processor readiness mandates to support EMV were established for 2013, with liability shifts for managing fraud risk in a face-to-face environment set for 2015.

About the EMV Migration Forum


The EMV Migration Forum is a cross-industry body focused on supporting the EMV chip implementation steps required for payment networks, issuers, processors, merchants, and consumers to help ensure a successful introduction of more secure chip technology in the United States. The focus of the Forum is to address topics that require some level of industry cooperation and/or coordination to migrate successfully to chip technology in the United States. For more information on the EMV Migration Forum, please visit http://www.emv-connection.com/emv-migration-forum/.

About Lans Holdings Inc.

Lans Holdings provides secure payment solutions. The Company makes it easy for sellers to start selling and buyers to buy with confidence. The Company solutions are used to enable businesses to process payments more efficiently whether online or in a retail store front. The Company provides white label solutions for payment service providers to enable business to consumer and business to business payments through physical POS, mobile devices, online and software integrations. Lans Holdings is focused to provide emerging payment solutions that motivate and reward our clients for adopting more secure payment systems in their businesses.

Forward Looking Statements

Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words plan, “forecast,” “anticipates,” “estimate,” “project,” “intend,” “expect,” “should,” “believe,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

Further information on the Company can be found at www.sec.gov and the company’s website at www.LansHoldings.com.
For further information, please contact: Investors@lansholdings.com.

SOURCE: Lans Holdings, Inc.

ReleaseID: 429999