We get asked this question all the time, so I figured I’d answer it here on our blog.
While it’s technically true that no one is going to force you to upgrade to an EMV chip card terminal, it is not a gamble that is advisable, and it all has to do with how risk is viewed in a post-EMV world.
Continue reading “Help! Do I Really Need to Upgrade to an EMV Chip Card Terminal?”
“What does ‘card present fraud’ mean? … How can it be prevented?”
I get asked these questions all the time and you likely have questions around it yourself. I’m hoping to clarify card present fraud for you — and shed light on how to put a stop to it.
Stay tuned for my next post. I’ll cover card NOT present fraud and what do to about it.
Continue reading “What Is Card Present Fraud? How Can It Be Prevented?”
I only process about five transactions a month with a card presented by a member we know. Do I really need to worry about fraud and switch to an EMV terminal?
Rick Ellis’ Answer to “Do I Need to Worry about EMV If I Process Very Few Credit Card Transactions?”:
This is a common misconception. Merchants with low transaction amounts think they’re less at risk of fraud, but in fact, are MORE at risk.
Continue reading “Help! I Process Very Few Credit Card Transactions Each Month. Do I Need to Worry About EMV?”