If you accept credit cards at your store or business venue, you might use a desktop point-of-sale machine or some other plugged-in form of EMV equipment. But keeping your staff behind a counter or tethered to a single location may not be working for your customers, or your business, anymore. Having to wait for a countertop point-of-sale system to open up can cause long lines, confusion, and frustration in your store – meaning missed sales for your business. There are other payment devices available to help optimize your business.Read More
Tagged "EMV equipment"
Consumers are tipping more than ever these days, but it's not always because they want to. Point-of-sale machines that suggest tip amounts to customers based on what they purchased is facilitating a trend The New York Times calls “tip creep,” where tipping $3 on a $4 cup of coffee isn't unheard of anymore.Read More
The migration to EMV chip cards has been beneficial for businesses looking to decrease how in-store credit card fraud affects their finances and customers. Visa reports as of June 2018, counterfeit fraud dollars have dropped 75 percent for merchants who have completed an EMV chip card update for their point-of-sale equipment, compared to 2015. For all merchants, counterfeit fraud dollars dropped 46 percent in the same time frame.Read More
NFC. EMV. Mobile. Tablet. When it comes to processing credit cards and payments, there's no shortage of options (and acronyms!) Learn more about the tools available to you, and which ones are right for your business (and your customers). The article will give a variety of examples of what types of equipment work in what types of environments, and how mobile trends and security developments are affecting equipment preferences.Read More