Top 12 Chip Debit Card Questions

Wondering how your new chip debit card actually works? What about how safe it is? Or why the new card readers take so long to process? We’ve got your answers! Here’s everything you need to know—well, everything we could fit into 12 questions, anyway. 1. What does EMV mean? It stands for Europay, MasterCard and[…]

Visa helps Olympic athletes make payments using jewelery.

The credit card company made a water-resistant, battery-free ring that athletes can test out at the games in Rio. New ways to pay are cropping up all the time, and include watches, phones and now rings. Sarah Tew/CNET At the Olympics this August, athletes will be practicing in all kinds of biking, swimming or running[…]

Online fraud has increased significantly in the US since the switch to EMV chips

Attempted fraud with stolen payment information has increased significantly in the US since merchants and card issuers switched to cards with EMV chips rather than magnetic strips, according to a report from ACI Worldwide cited by Reuters. Annual fraud costs to US retailers rose 38% to $32 billion in 2014, according to BI Intelligence estimates[…]

What do you need to have an online store

Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently[…]