Blog

Archives: June 2015

June 24, 2015

Preparing for EMV Technology

President Obama has recently set some new rules in motion for small businesses. Small businesses must now comply with EMV requirements to avoid having to pay fines. EMV technology consists of credit cards that have microchip technology inside of them. EMV is an acronym that stands for Europay, MasterCard and Visa. The microchip technology prevents fraud from occurring. The microchip carries crucial identifying data about the cardholder, and it stores such data on its circuits instead of storing it on a magnetic stripe material. EMV chip technology has many benefits for businesses. First, it saves time and money for business...Read more


June 17, 2015

5 Reasons Small Businesses Should Switch to Chip & PIN

Nearly every small business has come to the realization that credit card processing is an essential part of their business. But US businesses have been running behind the rest of the world because for many their credit card processor is designed for traditional credit cards that have a magnetic strip. Consumers swipe the card and data about their account is fed to the merchant they are making a purchase from. While this seems convenient, the simplicity of this method has created numerous security issues. In Europe and Canada, as well as other places, EMV cards (Europay, MasterCard, and VISA) are becoming the...Read more


June 10, 2015

Online Data Security Tips: 3 Ways to Protect Your Financial Information Online

In today’s age, you can never be too careful with your information. That goes not only for shoppers, but also for merchants. In the past year, hackers breached credit card processing systems at major retailers including Target and Home Depot, accessing sensitive customer data. Online identity theft can jeopardize a person’s credit and many cases are never fully resolved. When it comes to financial information and the internet, prevention is the best cure. Here are 3 ways to safeguard your financial data: Watch Out for Wireless Networks It may seem convenient to get your banking done at an airport, coffee...Read more


June 3, 2015

Why Your Small Business MUST have EMV

On October 15, 2015, the world of credit card processing will change forever. This is the date when responsibility for credit card fraud shifts from credit card companies to merchants who do not have EMV. For small businesses, this shift can be catastrophic – unless you invest in the right credit card processor for your business. What is EMV? EMV is a new payment system adopted worldwide that involves inserting microprocessor chips into debit and credit cards so that they are less vulnerable to fraudulent transactions. While the technology isn’t new, it is widely used in other countries and has...Read more