EMV Ready Solution. Yahoo Finance
Amber Systems Technologies Adds EMV Card Processing from Moneris to Its Vigore POS Software http://finance.yahoo.com/news/amber-systems-technologies-adds-emv-130000815.html?soc_src=mediacontentstory&soc_trk=tw … via @YahooFinance
Be Payment Ready with EMV
Will it cost more to process a chip card transaction?
Standard merchant services fees and charges apply to all transactions including chip card transactions. Refer to your
Pricing Schedule for details.
Can I still process magnetic stripe cards after I have upgraded to EMV?
Yes, your terminal will still allow you to swipe a magnetic stripe card to process transactions. You will however need to
insert all chip cards into the slot of the terminal after your upgrade.
Do I have to use the chip to process transactions?
Yes, you will need to insert all chip cards after you have upgraded to an EMV terminal. If you swipe a chip card your terminal
will prompt you to insert the card. The terminal prompts are very easy to follow and will guide you through your transaction.
What if the chip card fails (does not work)?
If the chip card does not work when inserted, the transaction can be processed by swiping the magnetic stripe. If this does
not work, request another form of payment.
Is a signature required with a chip card transaction?
Cardholder veri fication can vary and the terminal will prompt the cardholder and merchant when a signature or a PIN is
required. When a signature is required, the receipt will print out a signature line and a signature must be obtained.
What are the benefi ts of accepting chip cards?
Increased Security - Chip cards o er a more secure way to process card transactions. The secure embedded microchip
contains security data and software, and provides greater security.
Reduction in Fraud - The chip security makes it more di cult to fraudulently copy the details of the card. Accepting chip
cards reduces your risk of processing a counterfeit, lost, or stolen card transaction and being subject to a chargeback.
What if I don’t want to convert to EMV?
As of October 1, 2015, if a merchant is not ready to accept EMV cards, the liability for fraudulent non-EMV transactions could shift from card issuers to merchants.
Sign up Now for FREE Ingenico IPP-320 with Swipe, EMV and NFC Ready, Exclusive limited 30 Days offer from AST POS and Moneris Solutions Inc.
For more information, and to make your quick move to be EMV Ready, Call AST POS at 1-888-975-1118 e-mail us at sales@astpos.com
or visit www.astpos.com/emvready
®MONERIS and MONERIS & Design are registered trademarks of Moneris Solutions Inc. EMV is a registered trademark in the U.S. and other countries, and MONERIS BE PAYMENT READY & Design is a trademark of Moneris Solutions Inc. All copyrights and trademarks are sole property of the respective owners.
