Remove Chip Cards Remove EMV Remove Encryption
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Everything You Need to Know About Credit Card Processing

Stax

EMV Smart Terminal Physical credit card processing terminals are great for businesses with brick-and-mortar locations to take in-person payments in-store. If your customers are physically coming to you and swiping (or dipping) their cards, this is the solution for you.

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Chargebacks Have Merchants Scared Straight (To EMV)

PYMNTS

The EMV liability shift just hit the six-month mark , the force of mobile continues to strengthen, and industry players are shape-shifting their business models all while authenticating consumers just keeps getting more complex – and that’s the tip of the iceberg. Merchants have a lot going on these days. “I think that before Oct.

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The Straight Scoop On EMV: One Year Later

PYMNTS

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. The walk to the liability shift in this market last October was technically four years long, but in reality, EMV didn’t become an absolute certainty until Dec. But it’s not just EMV. EMV is not only for the big guys.

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How are Interchange Fees Calculated?

Stax

Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.).

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The Rise of Contactless Payments and Tap on Phone

Cardfellow

Tap on phone (or tap to phone as Visa calls it and tap to mobile for Amex and Discover) is a contactless payment method where customers tap a sellers smartphone instead of a credit card machine to pay. Is contactless the same as a chip card? This is done instead of swiping a magnetic strip or dipping an EMV chip card.

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New Chip Card Security Flaw Found

PYMNTS

According to new data released by researchers at NCR, credit card thieves can apparently rewrite the mag stripe such that the card looks to be chipless when run through a card reader machine – even though such machines should kick back the swipe and tell the user to insert the chip.

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Is it time for a new credit card machine?

Cardfellow

If your machine is older and doesnt support security features like tokenization and encryption, you could be vulnerable. Other Reasons to Upgrade your Credit Card Machine If your machine isnt slow or regularly crashing, there may still be reasons you want to upgrade your machine. Lack of modern security features.