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Black Friday Shows an Uptick in EMV Usage

Posted November 29, 2017

black friday in-store payment methodsThe uptick in EMV usage has increased yet again since 2015’s liability shift. Of the credit card transactions made on Black Friday this year chip-on-chip usage went up from 55% in 2016 to 73% this year, according to Cayan. Magnetic Stripe usage went down from 34% to 18%. This is a good sign as this will likely continue the decline of in-store card fraud because of the safety that chip cards provide.

It’s clear that EMV is here to stay and something that should be included in any standard POS Terminals. Not having an EMV POS terminal could risk the loss of potential clients. See below for some options on EMV equipped POS terminals.

 

UICPP791

pp791

  • Versatile Payment PIN Pad
  • Integrated Magnetic stripe, IC card reader and Contactless reader (NFC ready)
  • Ethernet or Wifi+Bluetooth Integrated
  • High Performance and Security
  • EMV Level 1 & Level 2, PCI 3.1 and TQM

IngenicoiPP350

ipp350

  • Plug and play, PIN and pay
  • Secure and easy to install
  • EMV Smart Card Reader
  • Compact design
  • Flexible connectivity
  • Comprehensive services

MagTekeDynamo

edynamo

  • Secure card reader authenticator for Magstripe and EMV
  • USB or wireless Bluetooth connectivity
  • Ergonomic design simplifies card swiping
  • No cable to interfere with reader grip
  • Over 1000 card swipes between charge
  • Triple DES encryption, DUKPT key management, Tokenization, Authentication, Dynamic Data
  • Built-in lanyard attachment
  • For use with iPhone, iPad, Android, or Windows devices.

For any questions or a quote on any of your POS needs contact us at Barcodes, Inc.