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JPMorgan: Using Transaction Data To Help Merchants Optimize Cash Flow

PYMNTS

When optimizing payment operations, “it can all boil down to: How do you help a merchant approve the most transactions at the lowest possible cost?” said Wimmer, who oversees the data and analytics efforts of firm’s payments-focused businesses. Payment data can be what they call ‘your canary in the coal mine,’” Wimmer said. “If

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

A consumer using a chip and signature card will sign for the purchase. The signature is compared with the one on the back of the card or with the signature stored in the card issuer’s system. In some cases, it’s less expensive for a merchant to accept PIN debit cards than signature debit cards.