article thumbnail

Chargebacks: A Survival Guide

Cardfellow

EMV Liability Shift Counterfeit Fraud 10.2: EMV Liability Shift Non-Counterfeit Fraud 10.3: Duplicate Processing / Paid by Other Means 12.7: EMV Liability Shift Counterfeit Fraud 10.2: EMV Liability Shift Non-Counterfeit Fraud 10.3: Duplicate Processing / Paid by Other Means 12.7: Card Recovery Bulletin 11.2:

article thumbnail

Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

Stax

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. For enhanced security, it uses EMV (Europay, Mastercard, and Visa) chip technology and contactless payments, like Apple Pay and Google Pay.

article thumbnail

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

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What Types of EMV Chip Cards Are There?

article thumbnail

Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

PYMNTS

As the conference kicked off in Las Vegas last October, merchants and retailers around the United States began dealing with the effects and fallout of October’s EMV liability shift, as the technology became the standard for all retail payments. It’s EMV all over again. ” Biometrics coming on big. “Not

EMV 76
article thumbnail

Visa’s Merchant-Friendly EMV Moves

PYMNTS

EMV migration over the last seven months. million EMV merchant locations. Terminal certification has, so far, been a big barrier to making that possible, and the hue and cry across the ecosystem over the EMV certification backlog has now reached a fever pitch. Visa’s Quick Path To EMV.

EMV 50
article thumbnail

What are Visa Chargeback Reason Codes?

Fi911

EMV Liability Shift Counterfeit Fraud 10.2: EMV Liability Shift Non-Counterfeit Fraud 10.3: No Authorization Processing Errors These reason codes cover errors made during the processing of a transaction, such as duplicate charges, incorrect amount charged, or incorrect currency conversion. Duplicate Processing 12.6.2:

Disputes 104
article thumbnail

Interchange Fees on Contactless Payments Comparison

Clearly Payments

They involve inserting a credit card with an EMV chip into a reader and entering a PIN (Personal Identification Number) to authorize the transaction. Transaction Type Interchange Fee Notes Chip-and-PIN Transactions Low These transactions are considered highly secure due to the use of EMV chip technology and PIN authentication.