Euro MasterCard Visa (EMV) chip technology defines a global standard for credit card and debit card payments.
The EMV technology makes use of embedded microprocessor chips which hold cardholder data and keeps it secure.
In comparison to magnetic stripe technology, a cardholder’s data is more secure on a chip-enabled payment card. This is because chip technology provides dynamic authentication, which makes the whole process more secure.
Continue reading EMV Basics and Terminology
Cloud based point of sale (POS) systems have become increasingly popular with various businesses including retail, restaurants, fast food, etc.
The major reason of their popularity is that a cloud based POS system can be accessed from multiple devices and platforms such as smartphones and tablets for both iOS and Android devices.
Whether you run a retail business or restaurant a cloud based POS is extremely beneficial for your business when paired with your credit card processing services, or merchant account provider services,. Merchant account providers sell many solutions that allow your business to easily access sales, inventory or labor functions on multiple devices. You can use various features of the system to easily enter and access inventory data.
Continue reading Why Choose Cloud Based POS System?
EMV or chip-based cards provide added security for credit card processing and merchant account services. Modern point-of-sale devices will most likely remain with us for some time, and these devices require more secure credit card processing.
Businesses such as those providing merchant services need to offer their customers easy modes of payment. Ideally, merchant account providers should accept virtually all types of payment, but providing chip based cards satisfy a client’s security needs too.
Continue reading How Do Chip-based Credit Cards Enhance Your Security?
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!