by EMS Payments | Apr 26, 2018 | EMV Chip Cards, Updates
Change in Card Brand Signature Requirements Took Effect As of April 14, 2018, the requirement for obtaining a signature on in-store sales transactions is now optional with Visa®, MasterCard®, Discover® and American Express® in the U.S. and Canada. (Discover and...
by EMS Payments | May 15, 2017 | Updates
This story was delivered to BI Intelligence “Payments Briefing” subscribers. In its monthly EMV update, Visa announced that chip-enabled merchants now account for 46% of the company’s in-store payment volume. The firm also saw over 800 million chip-on-chip...
by EMS Payments | May 3, 2017 | Updates
Many small businesses operate on tight margins. That’s one reason they have been slow to upgrade their payment systems to accept EMV chip-enabled cards. Many are also stymied by the cost and complexity of the required changes. October 2015 marked the deadline for...
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...
