First Data and UL, a payment security and compliance company, this week announced a collaboration to help U.S. merchants expedite their acceptance of EMV-enabled credit and debit cards.

The companies introduced a product intended to give large and mid-size merchants with integrated POS systems a one-stop EMV migration and certification solution for all major payment networks, according to a press release. UL's accredited testing tools and centralized certification management platform streamline EMV migration by combining training, test tools and testing services, while eliminating the inefficiencies found in the current process of certifying to multiple end-points and certification authorities. 

"We are very pleased with this strategic alliance with First Data, which ensures a timely EMV migration for merchants and reinforces First Data’s mission to help clients grow their business," Sajeev Jesudas, senior vice president at UL, said in a statement. “The aim of UL's Transaction Security division is to help the U.S. payment industry stakeholders, including merchants, migrate towards more secure payment technologies."