In today’s world it is expected that healthcare providers can accept credit cards and that those transactions are secure for both the patients and the practices. During the past four years, card issuers began distributing what is known as ‘EMV chip cards’ that have embedded chips on the cards along with a unique pin number that is used to authenticate transactions against counterfeit cards and data breaches.
These new and improved cards are viewed as welcome additions in combating card ... READ MORE 〉
As a busy business owner, have you had any time to actually follow the latest news about the migration to EMV payment cards?
While the transition, which officially went into effect as of October 1, impacts any business that accepts debit or credit cards in person, approximately half of small business owners say they have never heard about it, and just 42 percent are planning to switch to EMV technology, according to a recent survey conducted by Intuit.
Unfortunately, the merchants who said... READ MORE 〉