Preventing “Friendly Fraud” with EMV Processing

Card-present fraud used to be black and white—retail businesses didn’t have to cover the losses; the credit card issuing banks did. Since October 2015, the grounds have shifted dramatically. That’s when the EMV liability shift took place. It says that merchants who don’t use an EMV chip terminal are liable to cover fraud damages when […]

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Shut Down by Stripe: What’s Next?

Have you received this vague email after you signed up with Stripe, disclosed your business type, and accepted payments for weeks to months using their platform? “Hi, Thanks for signing up with Stripe! Unfortunately at this time we will need to stop offering service for [your business]. Currently Stripe can only support users with a […]

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Biometric Payment Cards: The Next Level of Security

Soon, a new secure payment method will be at our fingertips.  Consumers in today’s age have a lot of passwords. We use them at work and in our personal lives. Every account login, PIN payment, security system—you name it—requires a password, and for good reason. We set them, update them regularly, hope nobody guesses them […]

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