by EMS Payments | Apr 23, 2017 | Electronic Payment Solutions |
You may have noticed that we discuss both ACH and eCheck processing and payments around here. It’s all over our blog and website. ACH. eCheck. Electronic checks. What’s the difference, exactly? Let’s jump in. There actually isn’t much of a difference between the two....
by EMS Payments | Apr 22, 2017 | Electronic Payment Solutions
These three letters might be unknown to you now, but that is likely to change soon: EMV. EMV is shorthand for the technology that will make credit and debit cards safer in the future. EMV stands for Europay, MasterCard and Visa, which collaborated to adopt cards with...
by EMS Payments | Apr 22, 2017 | Electronic Payment Solutions
Chip? PIN? Signature? Do old cards work? Answers to frequently asked questions It’s now been a year and a half since the nationwide shift to EMV officially began. EMV — which stands for Europay, Mastercard and Visa — is a global standard for cards equipped...
by EMS Payments | Apr 21, 2017 | Electronic Payment Solutions
The look and feel of credit cards is evolving with the introduction of EMV card technology. After the recent large-scale hacking incidents with online and offline retailers as well as the need to address other potential fraud, credit card companies have turned to a...
by EMS Payments | Apr 21, 2017 | Electronic Payment Solutions
1. What is EMV? EMV is an abbreviation for Europay, Mastercard and Visa, the three organizations that developed the initial specifications. EMV is an open-standard set of specifications for smart card payments and acceptance devices. The EMV specifications were...