Tag Archives emv

emv

On October 1, 2015 all merchants in the United States were required to update their payment processing technology to be compatible with EMV technology. EMV short for Europay, MasterCard, and Visa is a payment method that uses tiny chips embedded into credit cards to make payments as oppose to using the magnetic strip. As card issuers […]

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The payments industry has been evolving with technology speeding up the process and changing how businesses and consumers make payments for goods and services. This year already shows the promise of significant advancement in online and mobile payments. We’ve created an infographic that provides a crystal ball analysis of what we believe are the five […]

It’s been six months since retailers were required to upgrade their POS systems so that they’ll accept EMV, aka that new credit card with the chip. While there a several benefits of EMV, mainly lessening fraud and hacking, not all retailers have embraced the technology. In fact, according to CardHub, 42% of retailers have yet […]

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