As U.S. merchants move to accept the new EMV cards, one major retailer stands out above the rest. Target has fully embraced the chip and PIN standard, and has made significant efforts to make sure their customers are comfortable embracing it as well. I started noticing this when I got my new Target chip and…
Tag: EMV
Merchants Need to Think About Alternative Payment Methods
Alternative payment methods are growing steadily in Europe. To succeed at cross-border e-commerce, merchants need to accommodate local payment schemes. The presentation Cross Border E-Commerce: The Importance of Alternative Payments at the MPE 2016 Convention outlined the importance of recognizing the payment methods in different locales. The presentation was led by Mr. Frank Breuss ,…
U.S. Payments Industry Frustrates (but it’s Loaded with Opportunity)
As frustrating as it may be, the U.S. payments industry is every bit as exciting. Indeed, the U.S. has some challenges: The U.S. is the last of the world’s major economies to start using EMV chip-enabled credit cards. U.S. merchants have been slow to embrace EMV cards. The U.S. is facing rising card-not-present fraud. The…
Why Aren’t Retailers Using Their EMV Machines?
Because I work in the payments industry, I get excited when I see an EMV point-of-sale machine whenever I’m checking out of a retail store. To me, it signifies progress. I chuckle when the person in front of me quickly inserts their card in and out, similar to swiping. You cannot blame them. Swiping is…
Instabill to Exhibit at Transact 16 in Las Vegas
With the intent of attracting new prospects to its highly successful partner program, Instabill will exhibit at the Transact 16 conference and trade show Tuesday, Apr. 19 through Thursday, Apr. 21 at Mandalay Bay Las Vegas. Instabill will be represented by Founder and CEO Jason Field; Sales Manager Wendy Jacques; as well as Senior Copywriter…
Instabill Offers New Mobile EMV POS Solution
Through an existing partnership with two major banks, Instabill can now offer EMV credit card point-of-sale devices for mobile POS merchants. Merchants who earn approvals with Instabill, and who have an account with POS technology provider CardFlight, can take advantage of this new offering via two of Instabill’s domestic banking partners. How Instabill’s Mobile EMV…
Fueling Stations Tackle Credit Card Counterfeiting
Because I’ve worked in the ever-in-flux payments industry for three years, whenever I see industry changes and security measures in action, it intrigues me. I recently made a purchase at Home Depot, and instinctively swiped at the self-checkout. Noticing that I had an EMV chip credit card, the POS device prompted me to insert instead of…
5 Safeguards to Take on Cyber Monday
It is warfare between consumers, merchants and credit card issuers against fraudsters this holiday season. With more consumers using the more secure EMV microchip credit cards than ever – but still not enough – fraudsters are looking to capitalize on e-commerce businesses. Cyber Monday, the day where online shopping reaches one of its peaks in…
Consumer Awareness of Credit Card Security Growing
With the EMV transition in full swing, merchants, consumers, and financial institutions are busy adjusting to the new system. While the transition may not be happening as quickly as some have hoped, one thing is changing—consumers are becoming more and more aware of the credit card security issues that face the payments world each year,…
US MasterCard Security Boost
In response to the latest spike in credit card fraud and identity theft, US MasterCard credit cards will receive a much-needed boost in security. MasterCard announced the security updates in late May, reinforcing the fact that the company will stay loyal to customers and work to promote heightened credit card security in the US. With…