Today the Official Merchant Services Blog takes us to Australian and covers a topic that the big card brands are pushing as a needed security measure in the credit card processing industry. A recent push by Visa and MasterCard is aimed at increasing the percentage of transactions that are verified by PIN to 90 percent. […]
Visa, MasterCard weigh PIN vs. Signature [2023 Update] Read More »
CVV (Card Verification Value) codes are either three or four-digit numbers that are printed on either the front or back of credit and debit cards. This system was created to provide an extra layer of security to merchants and card-issuing banks against fraudulent transactions in card not present purchases. Two Types of Codes These codes
CVV Codes: Why do They Exist? Read More »
Just a few days ago we gave a brief overview of what EMV chip card technology is. With the payment technology firmly in place in almost every other region than the U.S. the only next step is to bring it stateside. Today news was released that the very first EMV enabled ATM machines are operational
First EMV ATMs to Go Live in the U.S. Read More »
If you are lucky enough to be a business owner that has trained your customers to pay in cash or personal check, bravo. For the remaining 99% of entrepreneurs out there, the harsh reality is that our society is trending towards a cashless economy. Personally I rarely have actual cash in my wallet and have
Five Tips to Help You Get a Merchant Account [2023 Update] Read More »