Remove Compromise Remove EMV Remove Large Merchants
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

Merchants Gone Wild: The Surcharge Edition

PYMNTS

At that moment, all the speed and convenience of making EMV faster and activating tap-and-go at checkout goes *poof*. may find themselves faced with another checkout hassle: merchants adding a cost that covers their processing fees. This brings me back to the card network ban on merchant surcharging to begin with.

Rules 72
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? Does the company offer a nonprofit rate, or other special rates for credit card processing fees? Is

article thumbnail

Online Fraud’s Biggest Problem: Scale

PYMNTS

Doug Schwegman, Director of Market Intelligence at CyberSource, told MPD CEO Karen Webster that “what’s interesting is that trends are positive,” though Schwegman acknowledged that the study of 307 businesses was done last fall before the EMV liability shift occurred. ” Those are the whitelists merchants talk about.