[caption id="" align="alignnone" width="620"] Forrest Parry - image source: idahostatesman.com[/caption] For a number of reasons, credit cards are becoming an increasingly more popular form of payment for consumers. With its popularity rising, so has the amount of credit card fraud in the United States. This is...
On October 2015, exactly one year from now, the deadline for implementing Chip & PIN will come. This deadline had been called the "Liability Shift" by popular media sources. Should you miss this deadline for the “Liability Shift” and continue to use payment systems without EMV technology,...
As you already may know, on September 8th, 2014, Home Depot confirmed that their data systems were breached which impacts customers who used a credit or debit card at one of their U.S. or Canadian retail stores. Home Depot also confirmed that the malware used to...
In 2013, there were 1,367 confirmed data breaches and 63,437 security incidents in 95 different countries according to Verizon’s 2014 Data Breach Investigations Report. 2013 may be considered as the “year of the retailer breach” as many larger retailers had confirmed large-scale data breaches that...
Ingenico and VeriFone are the two leading manufacturers of stand-alone point-of-sale terminals. Understanding the differentiators between the two may be useful to business owners and merchants. The two manufacturers are quite alike. Ingenico was founded in 1980 in Paris, and VeriFone in 1981 in San Jose....
Pymnts a leading payment blog cited a recent internal survey conducted by MasterCard that showed 57% of MasterCard holders would be interested in receiving Chip cards within 6 months or less. Although consumers might not understand the technology behind EMV Chip & PIN, there’s enough additional support...
Businesses in Canada are at risk if they do not progress with modern technology and consumer trends. That is if they continue to accept cash-only as a form of payment. Supporting evidence in a study conducted by the Rotman School of Management shows that businesses who...
Here's a great infographic on Contactless Payments by UK company, caxtonfx. For more information on Contactless Payments read our blog or contact us directly. ...
Mobile, NFC & Contactless Payments are all great ways for your business to enhance its customer experience. Happy customer’s means return customers and you know what that means – increased sales and better business! No matter what type of business you are; a gift shop, a...
What is a skimmer? A Skimmer is a small electronic device used to steal credit or debit card information in a legitimate transaction. You may have heard about card skimming in restaurants. Typically a victim’s card is taken out sight where it is scanned by a skimmer....