Visa Gives Merchants EMV Debit Routing Options

Visa has recently provided clarification and modification regarding debit routing rules. Merchants can route US EMV debit transactions not just through Visa’s network, but through over 12 available ones. 2 payment application identifiers (AIDs) on the chip enable debit routing and processing. These are the US Common Debit Aid and the Visa Debit Aid. Visa

Smart Cards And Chips. How Do They Protect You?

In 2016, new chip debit and credit cards were issued to consumers by major financial institutions. According to the US Payments Forum, 600 million cards have been issued. How do these chip cards protect consumers? EMV (Europay/MasterCard/Visa) chip cards are designed to protect you from data breaches. The system has been used in European countries

Though Chip Cards Are Still Slow, They Protect You From Fraud

One year has passed since EMV technology arrived in the US credit card market. Chip cards are designed to make transactions safer and they really do this. According to a NerdWallet survey, the majority of consumers approve the EMV liability shift in the US. Happy Birthday EMV MasterCard reports 88% of its credit cards are

Preventing Payment Processing Fraud

EMV chips cards are called to protect merchants from fraudulent transactions. Consumers can get more protections from EMV if the chips are used properly. However, both merchants and consumers still need more protection in several areas. Today, EMV chip cards are being used by less than 50% of all merchants. Larger merchants choose to swipe

3 Common Misconceptions about EMV

EMV chip cards, the more secure cards with data-encrypting chips are the latest major innovation in the card payments industry. Card issuers and banks continue to do their part to ensure that every customer has these cards. Retailers on their part are in a rush to deploy new point-of-sale terminals that support them. With this

EMV – mPOS Competitive Advantage

The US mPOS market has been in the center of attention of several global mobile POS providers since EMV liability shift in October 2015. This also refers to those providers that once considered the US to be a Red Ocean. The US and European mPOS Markets Before October 2015, the US mobile point-of-sale market wasn’t

Visa’s Quick Chip To Accelerate EMV Payment Processing

EMV adoption by merchants is certainly on the rise. However, EMV payment transactions require longer time at the point of sale (POS) as compared with magnetic-stripe cards. Visa’s Quick Chip for EMV Transactions Visa has recently introduced its Quick Chip for EMV, which aims to help users complete faster checkout. Quick Chip by Visa also