Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS. trillion 2015 $2.9 trillion in 2023. trillion 2014 $2.7

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

MARCH 30, 2016

Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems.

EMV 47

EMV Point-of-Sale (POS) CHIPS Cybersecurity 47

FICO

MARCH 29, 2017

This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. As ATMs aren’t yet required to be chip-card enabled, the EMV adoption that came into force last year isn’t driving fraud down yet.

ATM 72

ATM Debit Card Compromise Point-of-Sale (POS) 72

PYMNTS

JANUARY 24, 2019

The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. In fact, in 2015, ICBA Bancard provided more than $800,000 in financial assistance to help its community bank clients prepare for first-gen EMV. million payment cards, Giorgio said.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

PYMNTS

FEBRUARY 10, 2017

Despite the growing usage of EMV chip card technology to help safeguard payment card data at the point of sale (POS), cybercriminals are turning to devices called “shimmers” to read card numbers and possibly access a card’s chip and obtain the PIN. has fallen significantly behind the curve.

Account Takeovers 56

Account Takeovers CHIPS Chip Cards FFIEC 56

Stax

NOVEMBER 6, 2023

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. Google was a little late to the party, but it also followed with its method called Google Pay in 2016.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88