After a few major conventions in the payment processing business have taken place, statistics are available on what is happening with merchants and EMV. Have a look at the EMV chart below Here are the top hurdles - from merchants Here is what NPS can do for merchants Q: Processor Readiness A: Our Processors are [...]
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 [...]
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 [...]
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 [...]
