Entries by Steve Moon

Direct News from Direct

I found this article at money.usnews.com that talks about the EMV issue in greater detail. Coming Next Fall: More Chip and PIN Cards in the U.S. When fraud liability shifts to merchants next October, expect more EMV cards and new payment terminals. Starting next October, payment terminals will likely be required to accept chip-based cards. […]

Direct news from Direct

We call it the EMV slow dance.  Check out the recent article by Mike Strawhecker.  We couldn’t agree more here at Direct Payment Systems! What is stalling EMV at small merchants? Mike StrawheckerVP / Director of TSG Metrics at The Strawhecker Group Three key impediments that are stalling EMV at small merchants: Limited awareness: While […]

Be sure to audit your monthly statement

If you are a merchant make sure you audit your monthly billing statement.  Many times increases in fees slip through and is has become common to see penalties for unknowingly being out of compliance with one or more of the new rules or regulations.  These penalties likely generate profit for a processor, bank, or sales […]

Direct News from Direct

Direct from Direct What is all this about EMV and Apple Pay?  EMV is a globally accepted smart chip technology payment standard established by EuroCard, MasterCard and VISA in the early 1990s. EMV cards come with an embedded microprocessor (chip) that provides better transaction security, card authentication and additional application capabilities not possible with traditional […]