Monday, September 29, 2014

Questions You Should Be Asking Now About EMV

Accept credit and debit cards as payment and hate surprises?  A quick video covering the questions that you should be asking now related to EMV. Note that this applies to all businesses and organizations that accept credit and debit cards as payment - not just retail stores, museums, and restaurants that use point of sale systems for tracking inventory and customer information.





If you are not in the mood to watch a video, here are the questions:

  • Will I need any updates to any software or apps that I am using? When will the updates be available? Are there any costs?
  • Will I need any new hardware? When will the hardware be available? What will be the costs?
  • Will I still be able to use my current merchant account?
  • Are there any other costs (ie: labor to perform any upgrades or hardware replacement)?
If you can't get definitive answers to the questions above, then it is time to look at other options. This applies to not just point of sale systems used to track inventory and customer information but credit card terminals, cash registers, and mobile payment devices as well.

Especially important to new businesses as it doesn't make sense to invest in something now only to have to invest in software upgrades or replacement hardware in 2015.

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.

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