The Barcode Experts. Low Prices, Always.
Navigation
15% OFF Site Wide on all orders of at least $500 with code MAR19 through 03/29*
*15% OFF site wide is available only at Barcodesinc.com on all orders placed online of at least $500 through March 29, 2019 at 11:59 pm CST. Offer cannot be combined with other promotions or discounts. Offer valid on web pricing only. Offer cannot be applied to existing quotes. Offer excludes ELO and Infinite Peripherals products. One time use.

Barcodes,Inc.

Don’t Let EMV Chargebacks Cut into Your Profits

Posted April 25, 2016

Avoid-EMV-ChargebacksWith EMV in full swing in the U.S., chargebacks have been on the rise – especially for restaurateurs. Following a successful co-hosted webinar with National Restaurant Association on the basics of chargeback management and best practices last month, we discovered a second installment was in high demand.

The webinar took a deeper dive into the rules of EMV and chargebacks and what you can do to avoid them. If you weren’t able to join us for the presentation, we’ve summarized the high points here to help you better understand chargebacks and the liability shift.

Why EMV, Why Now?

Protecting yourself against counterfeit fraud is one of the main benefits to implement EMV because it’s virtually impossible to recreate the chip. The October 1, 2015 shift has caused some serious headaches, but the ultimate goal is to fix the payment ecosystem by heightening card security. There is, however, a glitch—if your equipment isn’t EMV-compatible, then use of a fraudulent EMV card can go undetected.

Continue reading »