After what seems like an eternity of conversation and prognostication on the part of the card associations, the much anticipated transition from traditional magnetic stripe cards to new EMV chip cards will begin in earnest this October. While EMV has certainly been around in one form or another in other global markets, the introduction of EMV into the U.S. is still catching many merchants — and even a number of solutions providers — off guard in terms of liability responsibilities, technology nuances, and even availability of certified solutions
The interesting thing about mobility is that it doesn’t matter what the industry, it always changes the paradigm in a positive way. Look at police/emergency response, doctors, pilots, utility meter reading, package delivery, and even football players: You can easily visualize the benefits from having computers with you as opposed to having to input and print out data off the point of task execution.
As EMV is shaping software solutions in the retail and restaurant world, big corporations are getting into the payments space. They have realized, without the POS (point of sale) software, acquiring new merchants is a big challenge. Dealers had a very difficult time last year when the market changed and traditional POS vendors were not achieving revenue expectations.
Exponential growth in both technology and payments has changed the way consumers shop and their expectations of the entire experience. Now more than ever people are researching products online and making purchases through either the ecommerce outlet for direct shipping or in-store pick-up or they walk into the retail location and make the purchase the traditional way, in person. But now even in-person payments aren't so traditional.
“POS-as-a-Service” is a phrase that is the buzz in our point of sale (POS) industry. Does it mean the same thing to every VAR, ISO, or ISV? Most certainly it does not and nor should it. The list of benefits for both the merchant and the POS provider is varied depending on your position in the market, your targeted customer, and your selling strategy. How did we get to be an emerging POS-as-a-Service industry, and where are we headed?
Managed IT services providers (MSPs) must ensure that their service delivery objectives are in line with their client’s business objectives. The common aspiration of an MSP is to provide a service that their client finds valuable and thus indispensable.
By this fall, most debit and credit cards issued to U.S. consumers will have been reissued as EMV-enabled cards with embedded microprocessor chips that add a layer of protection to the purchase to deter credit card fraud.
Lazy Dog Restaurant & Bar opened its first location in 2003, fulfilling founder Chris Simm’s dream of serving a variety of delicious food in an energetic atmosphere with a focus on warm hospitality.
The Melting Pot, the premier fondue restaurant and leading polished casual dining franchise, offers guests a unique, interactive dining experience where they enjoy a choice of fondue cooking styles and entrees, cheese fondues, salads and indulgent chocolate fondue desserts
Chip-and-PIN technology or EMV has been in use in Europe for several years. Here’s how it works: credit and debit cards have a chip embedded in them and once the card is swiped, users have to enter a pin number to complete a transaction. It’s estimated that this technology has cut down incidents of fraud by 65 percent over the last 10 years. For the U.S., the world’s largest user of credit and debit cards, this could be an effective tool in fighting credit card theft.