At First American Payment Systems, we provide the tools and expertise to guide your business to the best payment software integration solution.
The U.S. EMV transition that began in earnest last October has brought with it a lot of pain, but few issues have been more agonizing for merchants than the flood of chargebacks they’re seeing for the first time.
As of October 1, liability for fraudulent payment card transactions shifts from card issuers to acquirers or merchants, with the least EMV-compliant party responsible for covering the amount of the transaction.
EMV (Europay, Mastercard and Visa), a global standard for chip card technology, has been at the heart of payments news over the past few months.
Many businesses are waiting for EMV technology but there are bottlenecks within the payment industry presenting the deployment of this new technology.
The growth in the number of consumers who experienced card fraud in the United States is tied to the massive EMV migration.
Forecasters have long predicted that the U.S. payments market’s move to EMV chip cards for in-person transactions will drive criminals into e-commerce fraud.
Independent software vendors, value-added resellers and point-of-sale software developers facing the daunting task of certifying their unique products for EMV payment acceptance may face costs starting at $30,000.
According to new survey results from Javelin Strategy and Research, only 8% of small and so-called micro businesses queried in February who didn’t accept EMV chip cards cited as a reason the lack of a business case for the cards.
Your merchant clients that rely on you as a trusted advisor are turning to you for advice as they upgrade their payment terminals to accept EMV chip cards.