If your product will only be applied in the financial/payment industry, an EMVCo certification will most likely suffice. EMVCo is a joint venture of Visa, MasterCard, UnionPay, JCB, American Express, and Discover. Compared to a Common Criteria evaluation, an EMVCo evaluation focuses more on the security and life cycle of the product and less on formal documentation. As a result, this evaluation process is usually shorter than a Common Criteria evaluation process. You can obtain EMVCo IC certification for your IC product and EMVCo platform certification for your smart card product.