The payments networks are on a mission: a mission to ensure small businesses understand EMV adoption, and to ensure they have the resources to know how to implement the payments standard. Earlier this week, Visa announced the launch of an online toolkit aimed at helping small business owners...
Three heavy hitters in the payment-card industry are trying to smooth the path for small merchants to support EMV chip cards by launching an education and pre-qualification program for the companies that provide their card processing connections. On Thursday (April 30), the Payments Security Task...
During Discover’s first-quarter earnings call with analysts yesterday (April 21), CEO David Nelms offered something of a reality check on the coming EMV migration and liability shift. “I think, more broadly, I expect that this is going to be a somewhat rocky rollout for the...
A retail trade group would like the payment industry to slow its roll regarding shifting fraud liability from banks to merchants. The Food Marketing Insitute (FMI) — a group which represents thousands of retail food stores and pharmacies — has asked Visa Inc., MasterCard Inc.,...
August 07, 2015
As the EMV-liability shift inches closer, the real question will be whether or not businesses are ready for the change. And as most surveys have show, most small businesses won’t be. The latest Wells Fargo/Gallup Small Business index survey pinpoints the reason why: most aren’t even aware of the Oct. 1 liability shift deadline. In […]
May 07, 2015
The payments networks are on a mission: a mission to ensure small businesses understand EMV adoption, and to ensure they have the resources to know how to implement the payments...
April 06, 2015
A retail trade group would like the payment industry to slow its roll regarding shifting fraud liability from banks to merchants. The Food Marketing Insitute (FMI) — a group which...
April 03, 2015
With the EMV liability-shift deadline steadily approaching — and almost half of merchants still not even started on their point-of-sale (POS) changeover — payments service provider Transaction Network Services (TNS)...