As credit cards become more and more complex more and more things can go wrong with them. Sounds just like your car doesn’t it? The technology that goes into our EMV cards today are complex and sophisticated and everything needs […]
It was perhaps inevitable but criminals have figured out a way to beat the EMV chips. The notice was put out in April by the Secret Service and highlighted by Brian Krebs on his blog about the tactics the criminals […]
You may have noticed in more recent times that your POS terminal does not even need to ask your customer if they are using a debit or credit card. Newer terminals make the dipping process even faster and are becoming […]
As you are probably aware, the credit card industry in the United States has undergone a major change in the past few years. The magnetic stripe which has graced the credit card since the 1970s is being phased out and […]
Contactless payment is a common form of payment and as technology advances it is only going to become more common. We are seeing it today with not only our credit and debit cards but also with our devices like smartphones. […]
There have been numerous credit card innovations in the past few years like EMV microchips and biometrics. For whatever reason no one has considered combining the two. OK, they may not go together like peanut butter and jelly or chips […]
It may be a rare situation for a merchant but on occasion you may have a foreign visitor and they may ask a very simple question: Will my credit card work? It may not seem like much but with the […]
Major news was announced last fall that could very well change the way credit cards are transactions are handled. For as long as the credit card or its early variants have been around a signature has been required to complete […]
As a merchant you probably have never seen an Europay card very often, if at all. That should come as no surprise as the card is almost exclusively found in Europe. Today we will take a brief look at the […]
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 […]
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 […]
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 […]