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Digital Money Will Impact Your Business

A Silent Cha-Ching: Virtual Currencies, Mobile Payments, and Your Business When is the last time you paid a toll in cash? Many people nowadays use E-ZPass, so they might not even remember. Digital payments aren’t just a fact of life on the roads. Maybe you’ve set your bills to autopay, so the money automatically comes

EMV Online Fraud

What Can Merchants Do to Stop Fraud? EMV (chip-and-PIN) credit cards were introduced to combat credit card fraud. Since their widespread adoption in the US, some merchants have noticed a decrease in fraud. Yet others report an increase – why is that? The introduction of EMV cards has led to a rise in online retail

By | November 18th, 2016|E-Commerce Merchants, EMV|

EMV Credit Cards Prevent Some Fraud

EMV Credit Cards Prevent Brick and Mortar Fraud In October 2015, a seismic shift took place in the retail space. Retailers became liable for any fraudulent charges made unless they had switched to EMV technology. Previously, credit card companies bore the liability for these charges. The liability shift that took place in October 2015 was

By | November 18th, 2016|Credit Card Processing, EMV|

Switch to EMV for the Benefits

Why Should You Switch from Accepting Signatures to PINs? On October 1st, 2015, the US retail industry was supposed to reach a major milestone. That was the deadline for the switch to EMV credit cards with PINs. If retailers didn’t begin accepting those cards, they would be held liable for any fraudulent transactions. Before that

By | June 15th, 2016|EMV|