What Retailers Need to Know About EMV 2020
Earlier this year, it was announced that Visa Inc. and MasterCard Inc. pushed back the deadline for installing EMV chip-card readers at gas pumps in the United States to 2020, following discussions with retailers who stated that they did not have adequate time to complete the multibillion-dollar upgrades. However, presenters at Gilbarco Veeder-Root’s 2017 Retail […]
Why companies need a two-step plan to secure credit card transactions
It’s the latest in a long line of cybersecurity incidents involving a well-known brand: In April, Chipotle Mexican Grill notified customers that it detected “unauthorized activity” on a credit card payment processing system. This put the restaurant chain in a position no company wants to be in — recommending that customers “closely monitor” their bank […]
How Interchange Affects Your Credit Card Transactions Profits
When it comes to starting and running your business, there are many complicated and challenging components, including raising capital, streamlining processes, leveraging technology, recruiting and managing staff, accounting, customer service and marketing. None of it amounts to anything if you can’t successfully collect payment from your customers. And in our modern world, the most common […]
Importance of Chargeback Prevention
How Chargeback Reports Help Reduce Risk and Retain Revenue Chargeback management often seems like more of an art than a science. There are so many variables that are subjective and open to interpretation. However, if merchants use the right tools, chargeback management can be a science. A thorough chargeback report is one of those tools. […]
