Capital Bankcard Supporter of Fort Wayne Greek Fest 2016
Capital Bankcard is a proud sponsor of Fort Wayne Greek Festival.
Festival is being held June 23, 24, 25, 26 at Headwaters Park.
The latest news and insight into the credit card and merchant services industry.
Capital Bankcard is a proud sponsor of Fort Wayne Greek Festival.
Festival is being held June 23, 24, 25, 26 at Headwaters Park.
We talk a lot about EMV chip technology with our clients and on our blog. I thought it would be interesting to show a real world example of what EMV is trying to stop. An increase in scams involving a credit card skimmer is a perfect place to start. (more…)
Tags: ATM skimmers, card skimmer, internal skimmer, skimmers
Posted in: Fraud Prevention
Leave a Comment (0) →If it’s not clear by now, EMV has emerged as a mainstay technology. But in doing so, many feel it has increased the time it takes to process a transaction. Speeding up EMV transactions has been a huge topic of conversation with clients. We hear all the time that EMV terminals are too slow. It’s frustrating for merchants focussed on speeding up the checkout process. (more…)
Many merchants have been dealing with an unexpected increase in EMV card chargebacks. Most merchants knew of the approaching shift in liability leading up to October 2015. Since then, financial responsibility has moved from issuing banks to the shoulders of merchants. Those merchants must adopt specific technology or risk being held responsible for fraudulent charges. Much of which the banks were absorbing before. Even well prepared merchants have seen an unexpected rise in chargebacks. (more…)
Tags: chargebacks, chip cards, emv, fraud
Posted in: Fraud Prevention, Technology
Leave a Comment (0) →Companies or individuals who are calling and requesting merchant statements or other personal data right away are usually not doing so for legitimate business purposes. Unfortunately, our industry is filled with people who try to prey on the trust and good manner of local business owners.
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