Informational – Page 7 – JLE Consultants

December 19, 2017

Categories

Things that can’t be bought with a credit card

We’ve all heard MasterCard’s slogan that there are some things money can’t buy and for everything else there’s MasterCard. That’s not quite true. There are a handful of things that a person cannot use a credit card to buy, though […]

December 12, 2017

Categories

The Lebanese Loop

Retro is in style, what is old is new and is cool again. Just like with fashion and cars the retro fad is coming back with credit card thieves as well. One of the most dangerous ways to steal a […]

December 5, 2017

Categories

Informational

The world’s first ATM

Today we take ATM’s for granted. Fifty years ago that was not quite so. Today there are around three and a half million ATMs worldwide and they are found in nearly every nation in the world. In many cases for […]

November 28, 2017

Categories

Informational

A brief look at Discover

Compared to the other major credit card companies Discover is a youngster. In many ways it is the credit card that is always forgotten as it is not accepted everywhere and is not available to the average person. In the […]

November 21, 2017

Categories

Texting and skimming

Skimming in the United States has taken another leap forward as the criminals attempt to stay one step ahead of law enforcement and vigilant merchants. Skimming is a lucrative enterprise for many thieves who take the stolen information and sell […]

November 7, 2017

Categories

Informational

The future of cash

Commerce exists through the exchange of good and services for other goods and services. There was a time when merchants would exchange animals for flour, such was a lack of any form of currency. That changed in the Iron Age […]

October 31, 2017

Categories

Informational

When will the magnetic strip stop being used?

The magnetic strip on your credit card is 50 year old technology. It is vulnerable to skimming and with the introduction of the EMV chip it is now obsolete. Now with any major technological transition there are bound to be […]

October 10, 2017

October 10, 2017

Categories

Informational

The POS terminal

Every business that accepts a credit card has a POS terminal. You can’t really accept a card without one nowadays anyway. Much of our modern technology that we know today has its roots in the 1970s and 1980s and the […]

October 3, 2017

Categories

Informational

The manual card imprinter

We are going to take you back in time today. Back to the days before the Internet, before those nice POS terminals that you as a merchant use today. Back to the good ol’ days. Some of you reading this […]

September 12, 2017

Categories

Informational

What is up with the POS terminal alarm?

The new EMV chip cards are helping to fight credit card fraud but not all is perfect. One of the top complaints users have is the alarm that the POS terminal makes when a transaction is complete. Why does it […]

August 22, 2017

Categories

Informational

The future of the credit card

What do you think the world will look like in 10,20 even 50 years. Granted that most of us reading this will get to find out it is intriguing to dream what our world will look like. Will we recognize […]

August 1, 2017

Categories

Informational

What is being done to speed up EMV processing

In most businesses speed is the word. Getting tasks done quicker and more efficiently means better productivity and a healthier bottom line for both the company and its employees. With the new EMV chip cards the number one complaint from […]