PYMNTS

MARCH 30, 2016

Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems. In the world of POS threats, there has been a rise in both underground offerings, as well as new malware found in active use.

EMV 47

EMV Point-of-Sale (POS) CHIPS Cybersecurity 47

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

Stax

MARCH 5, 2025

Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store. They also often provide the actual equipment you need to accept credit card payments, like the point of sales (POS) terminal.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment Gateways 88

Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS.

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

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

JANUARY 24, 2019

The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. In fact, in 2015, ICBA Bancard provided more than $800,000 in financial assistance to help its community bank clients prepare for first-gen EMV. Hip Contactless. Let’s break that down a bit.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. Accepts contactless and EMV chip cards , which are more secure than magnetic stripes. Pros Fast and secure transactions.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Clearly Payments

MARCH 28, 2024

The Different Types of Credit Card Machines Credit card machines, also known as point-of-sale (POS) terminals or card readers, come in various forms to accommodate the diverse needs of merchants. It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

PYMNTS

NOVEMBER 3, 2017

Such is the case with EMV — the chip that allows customers to pay with a credit card by inserting or “dipping” it into a point-of-sale (POS) card reader instead of swiping the old mag stripe. merchants are EMV-enabled. But fraud liability isn’t all that the EMV shift has changed. Consolidation.

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EMV CHIPS Contactless Payments Chip Cards 43

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 Point-of-Sale (POS) 72

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

APRIL 3, 2018

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S. Upgrading our payment terminals wasn’t just about migrating to EMV,” said Chris Caldwell, KFC U.S. to Ingenico Group ’s Telium Semi-Integrated solution. chief information officer.

Payment Solutions 40

Payment Solutions EMV Point-of-Sale (POS) CHIPS 40

The Fintech Times

DECEMBER 19, 2023

Currently, almost 20 per cent of Worldpay from FIS Point-of-Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. JCB Contactless is also based on the global chip standard ‘EMV(R),’ offering a high level of security.

Contactless Payments 64

Contactless Payments Point-of-Sale (POS) Payments EMV 64

Stax

JANUARY 5, 2024

These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale. For this type of transaction, your best payment terminal option would be a countertop point-of-sale (POS) model.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

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

Fintech Finance

DECEMBER 19, 2023

In 2023, almost 20% of Worldpay Point of Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. JCB Contactless is based on the global chip standard ‘EMV(R),’ offeThe Queens headring a high level of security. JCB International Co.,

Point-of-Sale (POS) 52

Point-of-Sale (POS) Contactless Payments EMV CHIPS 52

The Payments Association

OCTOBER 4, 2024

The rise of online shopping, contactless payments, and mobile wallets has increased the number of points where fraud can occur. While technologies like EMV chip cards (chip & pin), tokenisation, and biometrics have been developed to enhance security, fraudsters continue to adapt.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

PYMNTS

NOVEMBER 27, 2019

The expansion of EMV chip-enabled payment cards has made it more challenging for fraudsters to steal credit card information at the point of sale (POS). Fraudsters, sadly, are also taking notice and are looking to take advantage of heightened retail activity to steal data and goods.

Point-of-Sale (POS) 60

Point-of-Sale (POS) AI Card Issuer Credit Cards 60

Fintech Finance

JANUARY 15, 2024

Jabil’s custom, pre-certified Point-of-Sale (POS) hardware platform, as well as other retail automation technologies transforming digital commerce, will be on display at NRF’24 (Booth 4375). The affordable and lightweight pocket-sized reader offers instant and secure transactions for debit and credit cards.

Mobile Payments 59

Mobile Payments Innovation Product Payment APIs and Integration 59

PYMNTS

NOVEMBER 9, 2017

8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy tablet. NCR and Samsung Electronics America announced news on Wednesday (Nov.

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Point-of-Sale (POS) CHIPS EMV NOV 40

PYMNTS

AUGUST 7, 2017

Instead of a dongle, micromerchants download an app which turns their NFC-enabled phone into a point of sale (POS) system in minutes. The POS is capable of doing business with anyone who has a contactless card or NFC-enabled smartphone. First, users can have a customer tap their EMV chip card directly on the phone.

Point-of-Sale (POS) 40

Point-of-Sale (POS) Chip Cards CHIPS Contactless Payments 40

PYMNTS

DECEMBER 12, 2017

11) that it will stop requiring merchants to collect signatures for purchases at the point of sale (POS). Payments processor American Express announced Monday (Dec. The move will provide a more consistent and speedier in-store checkout experience for merchants and American Express cardholders.

Point-of-Sale (POS) 47

Point-of-Sale (POS) Credit Cards Debit Card EMV 47

PYMNTS

AUGUST 22, 2016

With new research from Visa indicating that EMV chip-enabled credit and debit cards are gaining popularity among American consumers, PaaS providers recently debuted new products and services designed to help retailers measure up to security standards and accept new forms of payments.

EMV 58

EMV Payments Ubiquitous Debit Card 58

PYMNTS

SEPTEMBER 19, 2019

Merchants that deal with live customers can use chip-enabled point-of-sale (POS) terminals, an EMV-enabled technology that can keep payment card data secured at the POS and assure customers that their data will be protected. .

AI 51

AI EMV Point-of-Sale (POS) Online and Mobile Banking 51

PYMNTS

MARCH 7, 2018

TouchBistro, the provider of iPad point-of-sale (POS) software for restaurants, has announced the launch of TouchBistro Payments powered by WePay. Both restaurant owners and customers will experience easier payment processing with the new mobile EMV-compliant payment device for digital, credit and debit card transactions.”.

Instant Payments 40

Instant Payments Process Point-of-Sale (POS) Debit Card 40

PYMNTS

OCTOBER 19, 2017

The Florida Restaurant and Lodging Show’s top prize went to PayMyTab , a mobile app and device that enables diners to settle their checks from the comfort of their seats, whenever they’re ready, using their secure EMV chip-enabled credit card. part of socializing and let users get back to just hanging out with friends.

Point-of-Sale (POS) 50

Point-of-Sale (POS) Venmo EMV CRM 50

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

PYMNTS

APRIL 12, 2018

The transition to the EMV chip in North America has been both a boon and a bit of a headache when it comes to payments security. On the one hand, Worldpay ’s VP of Data Products Nicole Jass noted, EMV has done an awful lot to slam the door shut on card-present fraud. According to Visa, counterfeit fraud at U.S.

Point-of-Sale (POS) 50

Point-of-Sale (POS) EMV CHIPS Push-to-Card 50

Stax

APRIL 18, 2024

The merchant’s point-of-sale (POS) system sends an authorization request to the acquiring bank (also known as the merchant bank) via a payment gateway. For in-person payment processing you’ll need: A point-of-sale (POS) system that serves as the central hub for in-person transactions.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

NOVEMBER 17, 2023

Try to Make Transactions EMV Compatible Businesses can strategically focus on encouraging and facilitating EMV transactions as a means of enhancing security and concurrently reducing interchange rates. As a result, interchange rates are lower for transactions processed through EMV technology.

Credit Cards 52

Credit Cards Process EMV Processors 52

PYMNTS

APRIL 5, 2016

Take what happened just last week, when the TREASUREHUNT malware, from out nowhere (as is predominantly the inherent business model, as it were, of malware), escalated from its initial version that had been around since late 2014 to suddenly pose the very real threat of capturing credit card details directly from retail point-of-sale (POS) systems.

Data Security 40

Data Security Security EMV Point-of-Sale (POS) 40

PYMNTS

NOVEMBER 5, 2019

The company sells pay-by-sound technology that requires no point-of-sale (POS) upgrades. Just more than one year from now, when that EMV liability shift has kicked in, it’s doubtful that conversations will be about that as much as better consumer engagement in that part of the retail world, Triconi noted.

EMV 40

EMV Point-of-Sale (POS) CHIPS Consumer 40

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. To accept mobile payments, businesses need to upgrade their point-of-sale (POS) systems to ones that support NFC or mobile payment apps.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

Payment Savvy

JULY 3, 2024

The cardholder swipes, dips, or taps their debit card at the merchant’s physical point of sale (POS) terminal. Once the card is swiped, tapped, or details entered, the merchant’s POS system or payment gateway captures the transaction details.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

JUNE 3, 2016

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. And for those kinds of businesses, EMV is a crucial tool.

EMV 40

EMV CHIPS Point-of-Sale (POS) Security 40

PYMNTS

SEPTEMBER 12, 2018

The movement toward flexibility across point-of-sale (POS) and mobile payments may be an inexorable one. At the moment, as EMV continues to take root and tokenization makes inroads, consumers are still experiencing trade-offs between security and convenience. It’s a catch-22, honestly,” he said.

Point-of-Sale (POS) 41

Point-of-Sale (POS) Payments EMV On-Demand 41

PYMNTS

OCTOBER 11, 2017

lags behind other countries that have already adopted EMV card standards (so far, there are around 80 in total), it is only just beginning to see what those 80 other countries have already realized: As commerce moves online, so does crime. It goes without saying that fraudsters follow the money. Since the U.S.

Crime 44

Crime Account Takeovers eWallet Online and Mobile Banking 44