Chargebacks – It’s All About that CHIP!

We get phone calls every day – We are getting chargeback’s and we are losing them! What can we do? October 2015 – Liability Shift is causing merchant loses! Restaurants, Bars and Nightclubs who are not equipped with EMV are experiencing high amounts of chargebacks! – We have some places that are getting $1000 to [...]

By |2016-12-07T08:41:26-04:00December 7th, 2016|Uncategorized|0 Comments

What Can the Hospitality Industry Do to Stop Chargebacks and Become EMV Compliant?

Despite growing risk many restaurants, bars, nightclubs, hotels and franchises are citing cost and inconvenience for not adopting more secure EMV/chipcard technology. We have developed these solutions with that in mind and made them affordable to any business. “According to a study by the Ponemon Institute, the average consolidated total cost of a data breach [...]

By |2016-11-01T11:58:05-04:00October 20th, 2016|Uncategorized|0 Comments

EMV & Chargebacks – What is New That You Need to Know?

New Chargeback Rule - this is a must read! October 2016 A new rule from the Card Associations - they will NO Longer Accept photocopies of credit cards - You must do an Imprint - If you have a chargeback, you need to send in an imprint. This is a new requirement because the card [...]

By |2016-11-01T11:58:28-04:00October 13th, 2016|Uncategorized|0 Comments

ALERT Micros POS Merchants – Important Information

On August 8th, 2016 and article in USA Today announced a breach! If your restaurant, hotel or nightclub has a Micros system this is important information that you must read. Check out the article here What should you do if you have a Micros System? 1-Change all of your passwords 2-Scan your system for viruses [...]

By |2016-08-18T08:43:29-04:00August 17th, 2016|Uncategorized|0 Comments

Restaurant Spending Is On the Rise and So Are Chargebacks!

According to U.S. Department of Commerce data, since March 2015, Americans have spent more on dining out than buying groceries. Restaurant industry snapshot: In Q1 2016, Americans spent $158 million on restaurants and dining out versus $152 million spent on groceries in the same period. (Source: U.S. Department of Commerce) In 2015, the United States [...]

By |2016-08-15T10:21:02-04:00August 15th, 2016|Uncategorized|0 Comments

EMV and Chargeback Report August 2016

One of the issues many merchants are facing is the increased amount of chargebacks that they are getting in their businesses. The hospitality industry and luxury markets are two of the hardest hit merchant types. Chargebacks have been increasing and some merchants are taking loses that accumulate to thousands of dollars a month!   If [...]

By |2016-11-01T12:00:13-04:00August 4th, 2016|Uncategorized|0 Comments

Nationwide Payment Systems Announces – ChipCard Go!

Nationwide Payment Systems launches ChipCard Go! – A revolutionary product for the credit card processing industry! What makes ChipCard Go different? Since the liability shift October 2015, the #1 industry that has suffered is the hospitality industry, restaurants, bar, nightclubs etc… are taking the brunt of losing chargebacks in many areas of the country. We [...]

By |2016-09-14T12:18:07-04:00July 20th, 2016|Uncategorized|0 Comments

What is EMV?

EMV – which stands for Euro-pay, MasterCard and Visa, the three companies that started this standard –is the Global Standard for chip technology used to authenticate credit card transactions.  This technical standard revolves around smart payment cards as well as the payment terminals and ATMs that accept them. What is a Chipcard? A Chipcard is [...]

By |2016-07-19T13:59:22-04:00July 14th, 2016|Uncategorized|0 Comments