“EMV” Posts

5 Reasons Why You Need a Customer-Facing Terminal

5 Reasons Why You Need a Customer-Facing Terminal

If you’re shopping for a new credit card terminal, it’s easy to feel overwhelmed by your options. Make the wrong choice and you could be in the same position in a year’s time. Changes in payment technology and consumer trends are unpredictable, but some credit card terminals are better suited for the future than others. Without over-complicating the matter with makes and models, we’ll focus simply on the credit card terminal's physical orientation. There are five compelling reasons why you should opt for a customer-facing terminal over a traditional cashier-facing one. The Imminent Rise of Chip…

5 Benefits of Our Semi-Integrated Terminal

5 Benefits of Our Semi-Integrated Terminal

Software developers have many options when choosing a terminal to enable payments in their applications; however, one type of terminal benefits software developers the most: a semi-integrated terminal. Choosing the right technology will substantially reduce development time and complexity. Here are the top five benefits of our cloud-based terminal. Semi-Integrated Reduces PCI Scope Terminals that are not semi-integrated require software developers to directly interact with credit card data. Any organization that transmits or stores credit card information is subject to the Payment Card Industry Data Security Standard (PCI DSS). This means costly annual audits to ensure the proper handling and…

What Is an API?

What Is an API?

The adage, ‘Don’t reinvent the wheel’ is simple. If the work has already been done, don’t waste your time duplicating it. That very idea is the core reason why APIs are so successful today. Many software companies are very good at what they do, and offer APIs so other companies don’t have to replicate the same work. An API Example Put simply, an API lets you interface your software with another. Consider this example: A software company wants to display a map in its interface, but instead of creating its own mapping technology from scratch – which would…

EMV Verification: Chip and PIN vs. Chip and Signature

EMV Verification: Chip and PIN vs. Chip and Signature

When the United States finally embraced EMV, the major card issuers favored chip and signature as the authorization method. However, as security measures to prevent credit card fraud advance, chip and PIN is the natural progression. Below, we discuss each verification method and best practices to prepare for what’s to come. Chip and Signature Currently, chip and signature is the most common method of verification for chip card transactions in the United States. Why? Because it’s so similar to how magstripe credit cards are verified (swipe and signature). It’s what we’re used to. Plus, it’s…

How to Fight a Chargeback (and Win)

How to Fight a Chargeback (and Win)

Credit card fraud is bad for everyone but the fraudster. As a consumer, you might spot fraudulent transactions on your credit card statement that send you into a panic. You’re anxious to receive financial reimbursement, safeguard your identity and determine how your payment information was obtained. Businesses stand to face huge losses as well: They absorbed 38 percent of U.S. fraud losses in 2014, totaling $2.95 billion. If a business can’t properly fight the fraud, it takes the loss. The trend isn’t letting up. Monthly fraud attempts and the percent of revenue lost to fraud…