Credit card processing solutions are required by individuals, merchants and small and large businesses alike.
Many banks and financial companies provide merchant services using EMV, wireless and dial-up terminals to merchants. The services can be availed by various businesses including credit card merchant services, merchant account services, and other such services. The technology used in credit card processing services has undergone major changes with the advent of fast and ubiquitous internet services. Mobile and wireless processing is becoming more and more common these days. With the advent of EMV technology, credit card processing has become safer and more secure. Continue reading An Overview of Credit Card Processing Services
EMV credit cards use an electronic chip that is built inside them. EMV provides superior security features for credit card processing and credit card merchant services. EMV uses advanced cryptography and digitally-signed payment data which makes the transactions secure.
Advantages of EMV go beyond Better Security Aspects
While EMV is mostly known for the advanced security features it provides, the benefits to the business community, specifically merchant account providers, and consumers, go beyond that. Businesses such as ATMs and fuel stations, , point-of-sale (POS) developers can significantly benefit from the EMV technology.
Continue reading EMV Benefits: It’s Not Just Security Benefits; it’s Much More than That!
Credit card machines allow businesses to offer their customers with versatile and easy payment options. With multiple payment options, customers can make payments without any hassle. Credit card machines can support both credit and debit card payments.
Before purchasing a credit card machine, price details and specifications need to be taken into consideration. Going through the available photos and user reviews, if any, can help you immensely in making the right choice.
Choose Machines According to Your Business Needs
There are various factors that need to be taken into account before purchasing these machines. The credit card machine specifications need to be compatible with your current system and supported by your merchant account provider.
Continue reading A Quick Guide to Credit Card Machine Buying
EMV is a standard set of specifications for smart card payments and acceptance devices. The cards consist of built-in microprocessors which enhance the security of merchant credit card processing and other merchant account services.
EMV technology enhances security features of retail credit card processing services to a great level. We answer some common queries about EMV, the technology used in it, and other aspects.
Who introduced EMV?
EMV was introduced jointly by the card associations, namely, EuroPay, MasterCard and Visa. This was done for the standardization of credit card processing technologies across the globe.
Continue reading EMV Technology: Answering Some FAQs