Early this year, the National Retail Federation predicted between a 3.8 to 4.4 percent increase in the retail industry sales over 2017. Due to sales being even better than already expected, the predicted percentage has further increased later this year to 4.5 percent. This is a substantial increase in sales...
Payment news outlet, Pymnts, reported earlier today that small retailers are now starting to see the downside to failing to make the shift to EMV. This puts those retailers in a very precarious situation as many the retailers who didn't make the shift did so because the cost to upgrade...
Finding a card machine that fits all of your business needs can be a daunting task. Navigating through the maze of options that you are presented often leads to frustration. This post is meant to help guide you to the best solution to your search. Whether you are a one-person...
Visa announced on Tuesday at the Electronic Transaction Association’s TRANSACT 16 event that they will be launching Quick Chip for EMV, a simple software update that makes for quicker EMV processing and faster checkout times. The update is free of charge to processors, acquiring banks, and merchant services to give to their...
After almost a year of Apple Pay availability, Android Pay is finally joining the battle. Android Pay will be bringing out the big guns, as the battle for new payment technologies heightens. With new features and upgrades to its predecessor Google Wallet, Android Pay hopes to give Apple Pay a run...
Target to reissue cards as MasterCard chip-and-pin Hadley Malcolm, USA TODAY12:29 p.m. EDT April 29, 2014 o (Photo: Joe Raedle, Getty Images) Starting next year, Target will issue its branded credit and debit cards as MasterCard chip-and-pin cards, the company said Tuesday. The retailer's REDcard portfolio includes a Target-branded debit...
The U.S. Congress should mandate that banks, retailers and payment card processors adopt new security standards to protect against widespread data breaches, some lawmakers said Wednesday. In the wake of several high-profile retail data breaches, some members of the U.S. House of Representatives Financial Services Committee called for new cybersecurity...
US lawmakers call for data protection standards to avoid breaches Legislators push for US credit cards to include chip technology March 5, 2014 (IDG News Service) Congress should mandate that banks, retailers and payment card processors adopt new security standards to protect against widespread data breaches, lawmakers said Wednesday. In the...
Set up a phone line for the credit card machine to use. This doesn't have to be a dedicated line, but should be one you can count on to be available more often than it isn't. Many businesses choose to use their fax line for their credit card machine. Set the...
For many merchants, leasing credit card machines and equipment is still commonplace. When a company first begins a commercial venture, it is usually met with a bombardment of telemarketers and sales people different firms that are offering their various products. Since any merchant must run their business with the acceptance...
