Retail IT Blog

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Understanding the EMV Payment Ecosystem

Here is a brief glossary of some of the most common terms being used in discussions and articles about the EMV payment ecosystem. EMV EMV is an acronym for Europay (now owned by VISA), MasterCard and Visa. Together these three companies formed EMVCo in order to create and administer global standards for the use of [...]

Mobile Payments Versus EMV Chip and Pin Cards

Hockey legend Wayne Gretzky is famous for saying that he never skated to where the puck was, but instead to where it was going next. As we mentioned in a previous blog post, if EMV chip and pin cards is where the puck is now, then mobile payments is where it is going next. The new [...]

EMV and Your Enterprise Security

If you are a U.S. retailer, and you haven’t implemented an EMV solution yet, this an excellent opportunity to upgrade your enterprise security at the same time. While use of chip-and-pin-enabled credit cards and POS terminals can resolve security issues with card-present transactions by preventing the use of counterfeit cards, EMV does not protect the [...]

Enhance Your Customer Experience With EMV

Many U.S. retailers are begrudging the need to migrate to EMV. That’s because they are thinking of it as a costly technology upgrade that they never wanted or asked for. They see themselves as having to pay big bucks to solve what many perceive as being a banking problem, not a merchant problem. Indeed the [...]

10 Billion Reasons To Implement EMV Sooner

According to a survey by The Strawhecker Group (TSG), only 34% of U.S. retailers were up and running on EMV in time for the October 1, 2015 deadline. The fact that so many U.S. retailers have been so late in adopting EMV has actually created a fraud scenario for them that isn’t pretty. Here’s why [...]