EMV and e-Commerce : Online Merchant Concerns
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EMV and e-Commerce : Online Merchant Concerns

Credit card fraud cost banks, merchants, and consumers over $16 billion worldwide in one recent year, according to The Nilson Report. While it accounts for just under one-quarter of global credit card volume, the United States suffers the effects of nearly half of that illegal activity. The single most significant reason for this imbalance, according...

Posted by January 24, 2017December 28, 2017
Can Merchants Save Money On Credit Card Processing Fees?
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Can Merchants Save Money On Credit Card Processing Fees?

With margins often slim, even in good times, it pays merchants to explore ways to minimize their expenses. While some business fees and expenses are beyond the control of merchants, there are some expenses where available options make it possible to trim costs. That’s true, to a certain extent, with credit card processing fees, so...

Posted by December 29, 2016December 28, 2017
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A Guide to Level 3 Credit Card Data

For retailers, the acceptance of electronic payments comes with an expense not linked to check or cash payments—an interchange fee, which is a percentage of the sale paid by the vendor as transactions are processed. While most know that the prices of services and goods typically include these fees, processors continually work with suppliers to...

Posted by December 27, 2016December 28, 2017
Differences Between Chip and PIN and Chip and Signature Transactions
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Differences Between Chip and PIN and Chip and Signature Transactions

The deadline for EMV implementation passed in October 2015, and despite the prevalence of chip cards, questions still linger about the conversion. Many wonder why the US disregarded chip and PIN in favor of the chip and signature method. There is much speculation on the decision, and in this guide, readers can learn the differences...

Posted by December 22, 2016December 28, 2017
The Credit Card EMV Update
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The Credit Card EMV Update

What are EMV credit cards? These credit cards were introduced in the 1980s to prevent in-store credit card type fraud. They are different than older type credit cards in that they have embedded security chips as well as the magnetic stripes for credit card readers. These cards need EMV-ready terminals to fully work. These security...

Posted by November 8, 2016January 2, 2018
What the EMV Update Means for Merchants
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What the EMV Update Means for Merchants

EMV refers to bank and credit cards that are embedded with data chip. The initials EMV stand for Europay, Mastercard, and Visa because those companies worked together to develop chip-embedded payment technologies. The innovation was designed as a response to the high incidents of in-store fraud possible with magnetic strip cards. Using stolen credit and...

Posted by October 25, 2016December 28, 2017
Why the EMV Online Order is Better for Protecting the Client and the Merchant
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Why the EMV Online Order is Better for Protecting the Client and the Merchant

  The way of doing commerce and retailing in today’s times is through the internet. More people and business owners are finding success on both ends in using online merchandising to do business. As a result, the credit card and debit card market has exploded. Checks and cash are on their way to being obsolete...

Posted by August 16, 2016December 28, 2017
Know More about EMV Chip Card Validation
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Know More about EMV Chip Card Validation

Effective October 2015, the U.S. has been mandated to adopt the chip and signature standard, also known as EMV (Europay, MasterCard, Visa). EMV refers to a smart-chip technology that is intended for payment cards.  The technology is developed by Europay, Mastercard, and Visa. EMV technology is used to validate cards. EMV cards have a microchip...

Posted by January 9, 2016November 26, 2017