Are you in the US and in need of no cost retail point of sale advice? I'm happy to help and can be reached on my cell at 208-340-5632 (I am on Mountain Time) or via email at kevinantosh@gmail.com. There is also a contact form to the right that can be used to reach me.
Showing posts with label visa. Show all posts
Showing posts with label visa. Show all posts
Sunday, February 15, 2015
EMV and What it Means to Folks With Cash Registers and Point of Sale Systems
I've been fielding multiple calls and emails from businesses with cash registers or mobile/computer-based point of sale systems asking what to do related to the upcoming US EMV liability shift date. This video covers some of the questions and answers related to EMV and chip cards and contains information for businesses in the US that accept credit and debit cards as payment in person.
Are you in the US and in need of no cost retail point of sale advice? I'm happy to help and can be reached on my cell at 208-340-5632 (I am on Mountain Time) or via email at kevinantosh@gmail.com. There is also a contact form to the right that can be used to reach me.
Are you in the US and in need of no cost retail point of sale advice? I'm happy to help and can be reached on my cell at 208-340-5632 (I am on Mountain Time) or via email at kevinantosh@gmail.com. There is also a contact form to the right that can be used to reach me.
Monday, October 20, 2014
POS and EMV - Questions You Should be Asking Now
EMV compliance is less that one year away so I've been keeping tabs on which companies and which point of sale solutions have announced how they plan to upgrade their point of sale systems to work with EMV compatible hardware. So far, only Bindo Point of Sale (www.bindopos.com) is offering EMV compatible hardware.
Square, which is popular with very small businesses (under $60,000/year in gross sales), does have a sign up form for those using Square as well as some general information on EMV. No word yet on whether the new EMV hardware will be free or will have to be purchased. Here is a link to the the Square sign up form to be notified when EMV hardware for Square will become available: https://squareup.com/emv
As a side note, anyone thinking about purchasing a point of sale system should be asking about EMV. It makes no sense to purchase a point of sale system now and then have to spend more money in 2015 for EMV hardware. If the place that you are working with doesn't have a solid answer then that is a major warning sign that their solution may not be the best solution for you and your business or organization.
All point of sale companies should be able to tell you the following regarding their point of sale systems and EMV:
Square, which is popular with very small businesses (under $60,000/year in gross sales), does have a sign up form for those using Square as well as some general information on EMV. No word yet on whether the new EMV hardware will be free or will have to be purchased. Here is a link to the the Square sign up form to be notified when EMV hardware for Square will become available: https://squareup.com/emv
As a side note, anyone thinking about purchasing a point of sale system should be asking about EMV. It makes no sense to purchase a point of sale system now and then have to spend more money in 2015 for EMV hardware. If the place that you are working with doesn't have a solid answer then that is a major warning sign that their solution may not be the best solution for you and your business or organization.
All point of sale companies should be able to tell you the following regarding their point of sale systems and EMV:
- Will a software/app update be required and will there be any costs?
- When will any EMV software/app updates be available?
- Which EMV products (ie. readers or terminals by name and model number) will the software/app work with?
- When will the hardware be available?
- What will be the hardware costs?
- Are there any other costs (ie. labor to help with the upgrade or changing my merchant account information)?
- Will I still be able to use my existing merchant account?
Again, if you can't get a definitive answer for the above questions, then you may want to talk to a point of sale company that can provide you with the answers.
Please visit my contact page for information on how to reach me.
Monday, June 3, 2013
Response from IRRA on Proposed Swipe Fee Lawsuit Settlement
A few months ago I posted some details on the proposed settlement for the MasterCard/Visa lawsuit. As you know the deadline to receive a part of the proposed settlement expired on May 28th, 2013.
The IRRA (International Running Retailer Association) send me an email that they have asked their members (mostly retail running stores) to "opt out" of the proposed settlement. The IRRA feels that the settlement does nothing to make permanent changes to merchant services fees.
By opting out, it is hoped that this sends a message to the courts that the proposed settlement is unfair.
The IRRA (International Running Retailer Association) send me an email that they have asked their members (mostly retail running stores) to "opt out" of the proposed settlement. The IRRA feels that the settlement does nothing to make permanent changes to merchant services fees.
By opting out, it is hoped that this sends a message to the courts that the proposed settlement is unfair.
Thursday, February 21, 2013
MasterCard/Visa Lawsuit Settlement
Like many of you, I just received a very long notice explaining my rights related to the U.S. District Court settlement related to merchants who accepted MasterCard and Visa since 2004.
Since this is a 27 page document outlining our rights to obtain part of the $6 + billion (US) dollar settlement, I thought that it would easier to post resource information in case you have accepted MasterCard/Visa in the January 1st, 2004 to November 28th, 2012 time frame and have not received settlement information.
The toll free number for the case is 800-625-6440.
Email: info@paymentcardsettlement.com
Address: Payment Card Interchange Fee Settlement, PO Box # 2530, Portland OR 97208-2530
The official website is www.paymentcardsettlement.com
The proposed settlement equals one-tenth of 1% of your MasterCard/Visa transaction volume during an 8 month period starting July 29th, 2013.
Note that if you do nothing, you will get nothing. Be sure to call or check out the website to see if you qualify for part of the settlement.
Are you in the US and in need of no cost retail point of sale advice? I'm happy to help and can be reached on my cell at 208-340-5632 (mountain time) or via email at kevinantosh@gmail.com.
Since this is a 27 page document outlining our rights to obtain part of the $6 + billion (US) dollar settlement, I thought that it would easier to post resource information in case you have accepted MasterCard/Visa in the January 1st, 2004 to November 28th, 2012 time frame and have not received settlement information.
The toll free number for the case is 800-625-6440.
Email: info@paymentcardsettlement.com
Address: Payment Card Interchange Fee Settlement, PO Box # 2530, Portland OR 97208-2530
The official website is www.paymentcardsettlement.com
The proposed settlement equals one-tenth of 1% of your MasterCard/Visa transaction volume during an 8 month period starting July 29th, 2013.
Note that if you do nothing, you will get nothing. Be sure to call or check out the website to see if you qualify for part of the settlement.
Are you in the US and in need of no cost retail point of sale advice? I'm happy to help and can be reached on my cell at 208-340-5632 (mountain time) or via email at kevinantosh@gmail.com.
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