EMV technology
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EMV & POS System Upgrade Needs
Before speeding on upgrading bits and parts of your system for EMV, understand the total cost. The recent implementation of EMV as of October 1, 2015 has many implications beyond just upgrading the MSR (magnetic strip reader) of the POS system. The age of the POS hardware and operating system also play an important role Here are some points: Most... -
The Looming Credit Card Update
Be prepared for a credit card upgrade, as banks have begun swapping out regular magnetic strip credit cards for something a little more secure. Chip cards (Smart Cards/Circuit Cards) are not a new concept. They have been around for many years and are used widely in some parts of the world like Europe. Chip cards look exactly like most of... -
EMV Technology Chips Away at Credit Card Fraud
FoxBusiness.com is reporting on how, in the response to the recent high-profile hacking incidents over the past year, technology is being developed to further security for credit card purchases. Expect to see a newly established global standard for credit cards called EMV, the acronym for Europay, MasterCard and Visa. The new EMV cards harbor computer chips and work with authentication...