Remove Chip Cards Remove Push-to-Card Remove Visa
article thumbnail

Mastercard Expanding Scan-To-Pay QR Program

PYMNTS

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59
article thumbnail

MasterCard Expands EMV Self-Certification Program

PYMNTS

The move has been complicated by the combination of most merchants getting a very late start to the EMV process – the Target breach was what many merchants considered their official starting line despite announcements by the card networks years earlier – and a complicated certification process that’s been tough for some merchants to navigate.

EMV 45
article thumbnail

What’s the Future For Payment Cards?

PYMNTS

What does the future hold for the plastic payment card? Or will cards with cutting-edge technology win more loyalty from shoppers? The payment card has “a long life ahead of it,” he told Karen Webster. Even if you consider technologies like mobile, you can see that the consumer is still paying with payment cards.”.

article thumbnail

Adding Fuel In The Tank For Mobile At The Pump?

PYMNTS

Earlier this month, Visa and Mastercard said they had extended the deadline for U.S. gas station owners to install EMV chip card readers at the pump. One point of comfort might rest with the fact that Visa has said that fraud rates at the pump are low in comparison to almost all other points of card activity, comprising about 1.3

article thumbnail

Tap to Pay: What It Is and How It Works

Stax

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

article thumbnail

You Haven’t Been Yourself Lately: Digital Identity Trends 2020

PYMNTS

The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud was more than halved. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. It’s not all good news.

EMV 54
article thumbnail

Square’s Australian Bank Scrutiny Over mPOS Security

PYMNTS

The initial push by payments firm Square into Australia hit a rough patch after the security of its mPOS reader was scrutinized, as noted by The Australian. Though the device, designed for use in the United States, accepts chip cards, it was not set up with a PIN pad.