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Chips

Smartcard chips store personal account information securely and authenticate payments when connected to terminals at the point of sale.


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Research suggests 70% of consumer prefer to pay by card

17 May 13 - PaymentEye - Insight
According to a recent survey conducted by Judo, 70% of people prefer to pay for everyday items with their credit or debit card. In light of this, the research revealed that 120 million transactions are lost every year in the UK through people leaving ...

UK shopkeepers lose 120 million transactions a year by not taking card payments

10 May 13 - PaymentEye - InsightWhite Papers
According to International Supermarket News, new figures have revealed the influence and power of the debit and credit card. Cashless transactions were shown to help decide where the shopper made purchases with one if five (21 %) leaving a shop in the ...

Online account “my paysafecard” starts in Switzerland and Luxembourg

02 May 13 - PaymentEye - New Products
Euopean prepaid payment provider paysafecard group, has launched its new product “my paysafecard” in two more countries. With the launch in Switzerland and Luxembourg, the coverage of the European market is almost completed. Customers across Europe now ...

AnywhereCommerce releases Walker Chip and Signature mobile payment solution

30 Apr 13 - PaymentEye - New Technology
AnywhereCommerce, a payments technology provider, is releasing its Walker Chip and Signature mobile payment solution (view press release). Walker is a compact payment acceptance device, compatible with most mobile smartphones and tablets, and enables ...

WorldPay US completes EMV certification for Visa

19 Apr 13 - PaymentEye - New ProductsNew Technology
WorldPay US has completed its EMV acquirer testing for Visa acceptance according to reports. This represents a key milestone in the preparation for business owners to accept “chip” cards encrypted with the EuroPay, MasterCard and Visa (EMV) standard.  ...
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