Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. Google was a little late to the party, but it also followed with its method called Google Pay in 2016.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

AUGUST 21, 2017

There’s no point in rapidly processing a high volume of EMV chip card transactions unless the process is also secure. Older point of sale (POS) systems used unencrypted reading technology and opened up merchants to risk because they were unable to do stored EMV transactions offline.

Point-of-Sale (POS) 40

Point-of-Sale (POS) EMV Chip Cards CHIPS 40

Payment Savvy

JULY 3, 2024

The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal. Online, they enter their debit card information (card number, expiration date, CVV code) directly on the merchant’s website or app.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

FEBRUARY 10, 2017

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. As Datablink CEO Alex Cagnoni pointed out, card cloning devices are not something new; however, with the use of a chip, the attack has become more complex but still quite effective.

Account Takeovers 56

Account Takeovers CHIPS Chip Cards Fraud Detection 56

PYMNTS

MARCH 27, 2017

“These seconds we’ve chipped away matter a lot to both the customer and business owner handling hundreds of transactions a day.”. the payment processing company has focused on making chip-card processing speeds faster to cut down on long lines for their sellers as part of a broader push to enable the retail industry.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

FICO

MARCH 29, 2017

The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. The average duration of a compromise continued to fall — on average, an ATM or POS device would be compromised for 11 days, compared to 14 days in 2015. I think it is, but not the role you’d expect.

ATM 72

ATM Debit Card Compromise Card Issuer 72

PYMNTS

AUGUST 9, 2017

In 2013, Silicon Valley startup Clinkle raised $25 million in funding to build the point-of-sale (POS) system of the future using sound, but the company later changed trajectories, creating more of a Venmo-like product primarily aimed at college students. Innovators in South Korea, France, Israel and the U.K.,

Consumer 80

Consumer Chip Cards Point-of-Sale (POS) CHIPS 80

PYMNTS

OCTOBER 20, 2016

Connecting and simplifying payments across sales channels through a single integration point, Worldpay Total delivers end-to-end payment processing by combining point-of-sale (POS), integrated payments and acquiring for integrated software vendors (ISVs) and merchants. Worldpay announced Wednesday (Oct.

PCI DSS 69

PCI DSS Payment APIs and Integration ISVS Point-of-Sale (POS) 69

PYMNTS

NOVEMBER 15, 2018

A survey of 2,800 consumers found that many individuals have the desire to tap and pay, rather than swipe cards at the point of sale (POS). The pump has been primed, in part, as merchants upgraded in the wake of EMV to new terminals that can take transactions via chip cards.

Card Services 71

Card Services Contactless Payments Point-of-Sale (POS) Credit Cards 71