Remove CHIPS Remove EMV Remove Large Merchants
article thumbnail

EMV 3DS: Why 2020 Is Different

PYMNTS

For instance, large merchants who want to do business in Europe will have to start offering 3DS to take payments. For instance, he noted that when American merchants adopted contactless chip systems, “they didn’t adopt chip and pin — it was signature and chip. segments that are currently lagging.

EMV 86
article thumbnail

EMV’s Slow Crawl Into Retail

PYMNTS

Last year, starting in about August, the big EMV countdown was underway — though the question as to whether they were going to “make it” was already answered. 1, around half of “big retailers” had EMV while smaller retailers were clocking in at 10 percent to 33 percent, depending on whose count one liked. They weren’t.

EMV 41
article thumbnail

Square And Apple: Who Is The Big Winner Of Their Payments Pair-Up?

PYMNTS

Square’s POS system was included a very elegant NFC/EMV chip reader — Apple Pay accepted as part of that package. Square is encouraging their merchants to accept Apple Pay — and maybe to even get consumers to want to use it. The unofficial account is that the acquiree wanted more money than the acquirers wanted to spend.

article thumbnail

Best 2022 Guide to Credit Card Processing for Nonprofits

BNG Payments

How does a Merchant Account work? After a nonprofit has secured a merchant account, it can accept card payments. If your nonprofit hosts in-person events, do you need mobile card readers with EMV chip technology or a receipt printer?  Is the processor transparent with its pricing?