Recent Industry and Company News
EMV & Apple Pay Questions and Answers
EMV (Europay MasterCard Visa) chip technology is the credit card industry's solution to dramatically decrease card-present fraud. Banks are now beginning to issue credit cards with this chip and businesses are now starting to upgrade credit card processing equipment in order to accept this new technology. What is EMV and what is its purpose? EMV was created by the major [...]
Reduce Fraud Over the Holidays
With the holidays quickly approaching, we want to provide you with useful information on how to reduce fraudulent charges. This information will help keep your money in your pocket and will reduce the headache of dealing with fraudulent charges down the road. 5 Helpful tips to help stop fraudsters: If a transaction seems suspicious or you get that uneasy [...]
Apple Pay – Is your business ready?
Apple has announced that the new iPhone 6 will allow consumers to store credit card information on their phones. The payment method is supposed to be more secure than swiping a card since it uses the consumer's fingerprint to authorize the purchase along with some in-phone technology to tokenize, or encrypt, the credit card data. How does it work? [...]
Introducing Clover Station – a revolutionary payment system
If you're reading this, that means you are one of the first people to learn about Clover Station. We hope you feel special! We believe this new point of sale system will revolutionize the payments industry and how you run your business. This all-in-one system not only processes and tracks all payment methods but it can save you time [...]
Should Your Business Accept Bitcoin
Bitcoin is the first decentralized, digital currency. It can be used to transfer payment to individuals or businesses. To gain a better understanding about Bitcoin and if it’s a right fit for your business, we’ve done a little research and answered some important questions. How do you use Bitcoin? First, you must create a Bitcoin account and purchase Bitcoin [...]
EMV Questions Answered
Written by Cara Dolberg Lately, we've been receiving quite a few phone calls regarding EMV and what next steps should be taken to become compliant. To help clear the air, we've compiled a list of frequently asked questions below. 1. What is EMV and its purpose? EMV (Europay International MasterCard Visa) was formed as a joint effort [...]