Remove CHIPS Remove Point-of-Sale (POS) Remove Push-to-Card
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Why JPMorgan Wants A Piece Of The SMB POS Market

PYMNTS

For SMBs, what’s in the cards … are more card readers. Morgan is bringing payments to the point of sale (POS), with an eye on making inroads into a landscape dominated by firms such as PayPal and Square. Morgan seems to be banking on speed as a selling point to gain traction with smaller firms.

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Merchants, Online Fraud And The 3DS 2.0 Reset

PYMNTS

s struggles toward universal adoption in the European Union is reminiscent of EMV chip cards’ rise — a similar journey that aimed to solve a different fraud problem. When the card networks first started mandating EMV, McCutcheon said, there was heavy resistance. also known as “3DS 2.0” or “EMV 3DS”) has been a rocky road.

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Square Chip Readers Get Speed Boost

PYMNTS

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. Contactless credit cards and mobile wallet use have seen a slow rate of adoption in the U.S.,

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What Is Tiered Pricing in Credit Card Processing?

Stax

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. Don’t believe it?

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Square Cash App Volumes Up 2.5x In FY Q2

PYMNTS

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. year over year, spanning peer-to-peer (P2P), Cash Card and Cash for Business transactions.

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How Worldpay Fights Fraud

PYMNTS

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.

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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams.