With the EMV liability shift on October 1st 2015, it created major changes in the marketplace. Given the heavy cost of switching to the technology, many merchants are still not capable of taking EMV (chip) cards. Even with chip capable terminals, we’ve seen issues where merchants are unable to accept chip cards because the processor hasn’t certified their […]
EMV technology brings a lot of new security features, but with it are also some drawbacks. In the US, tips are a significant part of compensating service employees. Follow the link to find out the difficulties and how some businesses are working around it. http://www.greensheet.com/emagazine.php?story_id=4678
On our blog, we’ve talked a lot about emerging technologies, their pros and cons, how to ease into them, and also how to future proof your business to accept these technologies. Recently Bank of America published their annual Trends in Consumer Mobility Report. In it, they surveyed consumers on a range of topics relating on how we […]
As a way to combat the longer transaction time associate with EMV (chip) transactions, Visa has been leading the charge to release a new technology called Quick Chip.
Chip cards seem to be a common point of frustration for businesses and cardholders. From the longer transaction time which lead to staring awkwardly at the customer, to the frustration of pulling the card out too soon, it’s no wonder that people aren’t taking too kindly to it. In the video below that was posted […]
