Over the last couple of years, more retailers and providers of merchant services in the United States have been settling into the new Europay, MasterCard and Visa (EMV) credit card processing system. As EMV acceptance expands, business owners will start to see more technology upgrades offered by through their merchant services providers. One current quirk […]
Speeding up Chip Card Checkout Times with Visa Read More »
Credit card processors and merchants in the U.S. are starting to experience the true implications of the enormous switch to the EMV system, which stands for Europay, MasterCard and Visa. In the wake of several terrible data breaches by hackers who went after major retailers such as Target and Home Depot, the payments industry has
Visa’s Take on EMV Liability & Chargebacks Read More »
Around the world, 80 countries have added EMV chips to their credit cards. These chip cards are more secure than credit cards with only a magnetic strip and have helped to reduce credit card fraud in many places. As a result, these cards are now being introduced in the United States. Many retailers, however, are
Visa and MasterCard Sued by Home Depot over Chip Card Security Read More »
While plans are being initiated that will reduce credit card fraud, it appears the problem is going to get worse before it gets better. Credit card issuers are rushing to send new EMV enabled cards to their customers. These cards, also known as chip cards, contain technology that makes credit card theft much more difficult.
Hackers Rush to Cash In Before Chip Cards Take Over Read More »
Today The Official Merchant Services Blog discusses a fascinating new development by Visa in the realm of credit card processing, security, and hopefully Mobile Payment Technology. Smart cards have been slow in gaining traction, especially in the United States. But now Visa is making moves to drag the U.S. into the chip card realm, kicking
Visa Kicks Open the Door for Chip Cards Read More »