Insights

EMV Status Report

By most industry accounts about 25-30% of US merchants are ready to process EMV transactions on October 1, just three days away.  This is not surprising as EMV enablement is complex, costly and just one part of the payments security layer (more on this later).

Most mid-to-large retailers are somewhere on a multi-year EMV readiness continuum. Many retailers we work with have an EMV road map and will be turning on EMV within the next 12 months.  These merchants aren’t as concerned about liability shift as they are about overall payments security.  They are prioritizing encryption (and tokenization) and evaluating semi-integrated solutions to isolate their POS from payments data before prioritizing EMV.  We believe this is the right approach.

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April 2024: Card Brand Updates

  It's that time again - every April and October major credit card brands like Visa, Mastercard, Discover, and AmEx unveil updates to their interchange fee structures and programs. Understanding these changes is crucial for merchants, but we recognize that...

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