As a consumer, I’ve noticed that EMV/Chip card transaction are slower. As a payments industry consultant, I know EMV transactions are more secure for retail transactions but do nothing for online transactions. EMV transactions will get faster and ubiquitous in retail. As the following article from the WSJ argues, mobile payments will speed the adoption – http://on.wsj.com/2aOcl9I
Unleashing the Power of Interchange Optimization: Maximizing Cost Savings in Payment Processing
For businesses that accept card payments, interchange fees are a significant component of the overall cost structure. Interchange optimization has emerged as the most critical strategic approach to minimize these fees and unlock substantial cost savings. In this...
